, and among other countries interested in investing in the region, such as Japan and China. Overall, the Thai economy is heading towards a recovery path in line with that of the global economy, albeit
expanding investment in overseas, which led to high competition in this region. Additionally, peers extended the investment to energy related business as well as new business for business diversification and
, which already expired. In addition, Thai baht strengthened to nearly 10% against the US dollar compared with the same period last year also had an impact on sales. However, if considering only normal
revenues arose from the followings; I Property Business: the Company will be able to recognize revenues only when the construction is completed and the ownership of such construction project has been
followings; I Property Business: the Company will be able to recognize revenues only when the construction is completed and the ownership of such construction project has been transferred to the customers
December), the Company had production not only full capacity during the off-peak period (the period where electricity cost is cheaper), but also extended some operated hours to on-peak period in order to
. During the last 4 months of 2017 (September to December), the Company had production not only full capacity during the off-peak period (the period where electricity cost is cheaper), but also extended some
and gain form exchange rate which those non-cash revenues were high at Baht 1,045 million while this year the company has such non-cash gain only Baht 224 million. From the above reason, the Company has
portion of trade debts into equity and gain form exchange rate which those non-cash revenues were high at Baht 1,045 million while this year the company has such non-cash gain only Baht 225 million. From
inflation is expected to average 0.4-0.9 percent, lower than the 0.7 percent in 2019 while the Monetary Policy Committee (MPC) may signal a more accommodative stance if the Thai economy sees only a lackluster