areas in the country, while supply remained at a high level, intensified the market competition. When compared to Q2/2017, total sales volume decreased 87 million liters (-6%) primarily from the
negative income taxes. On a 9-month basis, total revenues grew by 82% YoY, primarily from a significant improvement of residential business and organic growth of hotel business. On the contrary, EBT and net
14,329.7mn, an increase of THB 3,871.7mn or 37.0% from those of THB 10,458.0mn as of 31 December 2017. The increase was primarily attributed to the increase of leasehold right of THB 1,524.1mn for the land
2018 primarily due to the US-China trade war and global uncertainty contributed negative impact on export growth. The growth of credit card business in Thailand continue expansion due to overall economic
million, primarily from the higher prepaid expenses 3) Oil fund subsidy receivable decreased by THB 1,025 million, majorly from the government sector hastening its payment of long-held outstanding oil fund
14,376.4mn as of 31 December 2018. The decrease was primarily attributed to the reduction of cash and short-term investment for Management Discussion & Analysis ( - translation - ) For operating result of 1Q
THB 11 million (or -0.2%) from 31 December 2018 primarily from lower trade and other payable of THB 176 million which was offset by higher income tax payable of THB 160 million. As of 31 March 2019, the
); significantly decreased by 95% as compared to Q1 2018 of 147 million Baht. The significant decrease was primarily due to the transfer of The Ritz-Carlton Residences, Bangkok at MahaNakhon totaling of only 2
reasons: • Cash and cash equivalent decreased Baht (29.36) million. • Trade and other receivables decreased by Baht (83.81) million, primarily due to allowance for doubtful account from the delayed project
capacity (new Kiln 7 started in Hua Pha Way in Q1) and the full effect of Saraburi Quicklime. Similar to Q2 2018, the revenue was primarily from core business without significant contribution from