accounting standard (TFRS 15) reflecting Gheco-One. 2. Decrease in investments in joint ventures of THB 272.3 mm, due to capital deduction in joint ventures proportionately. 3. Increase in short-term loan to
decrease of 359 million baht or 11% y-y. In the second quarter of 2020, credit card revenue was 1,621 million baht, a decrease of 266 million baht or 14% y-y, mainly resulted from dropped in Profit and Loss
26% of total turnovers with the revenue of 10,368 million baht, a decrease of 754 million baht or 7% y-y mainly from a reduction in interest rate ceiling for personal loan by 3%. In the fourth quarter
BKD’s Board 1/2020 on February 28, 2020 has been approved the financial statements for year ended 31 December 2019. The Company net profit of 85.66 million baht which decrease 84.76 million baht or (49.74
cash paid-in for share capital increase of subsidiary in China during late of September. In addition, property, plant and equipment increased by Baht 78 million which were new machines that ordered since
increased in production volume of pre-stressed concrete pile and precast concrete resulting to decrease in cost of production. (4) Selling expenses The Company and its subsidiaries had selling expenses at the
mn. Total asset in 2019 was decreased by 141.75 THB mn when compared to 2018, mainly due to the decrease in internal cash flow of the company’s group since in 2019 the company’s group made a dividend
capital. The key success factors of this business depend on the inventory management, the logistic systems that meet the clients’ needs in time, cost of capital, receivables management and sales revenue
Management Discussion and Analysis Analysis of Overall Performance The distribution business of the plastic resins, plastic, and petrochemical related products needs relatively high working capital. The key