subsidiaries. Nevertheless, SGA of Parent Company decreased from THB 85.05 million in 2019 to THB 78.76 million in 2020 as the result of efficient expense management policy. 2020 % 2019 % % 419.58 88.56% 644.63
strategy to emphasize FN brand awareness and increase FN brand equity which is support sustainable growth. For expense management efficiency, the Company implements IT system to reduce operation and resource
. Administrative Expenses Administrative expenses for Q3/2019-2020 was Baht 345 million, decreased significantly by Baht 174 million or 33.5% from Q3/2018-2019 due mainly to expense control management. Majority of
organization to a business unit. The digital transformed will also be achieved to improve the operational process to be flexible and increase the efficiency of expense management and operational costs. The 4
Expenses Temporary shutdown for maintenance and inventory management causing expense of Baht 160.0 million, increased by 71.9% from last year. Allowance for the Decline in Value of Inventory Allowance for
interest expense which the interest rate is approximately 9-10 percent per year. Moreover, the management structure is not appropriate; therefore, the joint venture company has high unnecessary human
which the interest rate is approximately 9%-10% per year. Moreover, the management structure is not appropriate; therefore, the joint venture company has high unnecessary human resource management expense
management of cost and expense Including internal work process improvements for greater efficiency. As table shown above, can be analyzed according to the following : I Revenues In conclusion, the Group has
) (4) Management classification Add: Acquisition cost and pre-operative expense 1 10 3 Management classification Add: Extra expenses related to PO/MTBE turnaround - (0) 3 Management classification Add
increased by 20.60%. Resulted from revenue of ongoing projects from 2017 and new projects which awarded during Q1 and Q2 2018. Administrative expenses The Group’s expense comprising of management and employee