Commercial Banking In 2019, the Thai economy grew at a slower pace than the previous year and below its potential. Growth is estimated at 2.5%, the lowest level since 2015 and a significant drop from 4.1% in
31, 2020 increased from the same period of last year by 1.10% or in the amount of 0.02 million baht. Even though there was a drop of sales, but the distribution costs were slightly higher than Q1/2019
the principles for the recognition, measurement, presentation and disclosure of leases, and requires a lessee to recognize assets and liabilities for all leases with a term of more than 12 months
20 million. It is included as part of the cost of sales, resulting in lower gross profit and gross profit margin than the gross profit and gross profit margin of the first quarter of 2020. Smart
revenue and profit margin from such project with lower production cost than projected. Redemption of debenture in January 2020 in the amount of THB 300 million Repayment of short-term borrowings from
June 2020, which net profit has changed more than 20% from the last year as follows: Statement of Comprehensive Income Unit: Million Baht 30 June 2020 30 June 2019 Increased (Decreased) Percentage Remark
impacted by the situation. Which many departments and many research agencies have forecast that gross domestic product will shrink by more than two digits. In additional it will affect the operating results
structure and operating which includes strategies to be consistence with economic resulting in recognized profit of company equal to 5.84 million baht which is more than recognized of loss attributable of
. The company has also recognized the goodwill valuing at Baht 7 million from purchasing of the shares from the previous partner at a price higher than that of the book value. Nevertheless, trade account
Structure Business, its pristine core business for more than 50 years. UWC decided to discontinue 2 of its subsidiaries’ operation involving in renewable energy, Paradise Green Energy Co.,Ltd. and UWCC