exposed to any market risk and gained profits from every transaction they entered into in connection thereof. For the sale side, Numkrit sold the securities owned by UBS?s clients to his conspirators at the
production line of flexible packaging and the machine setup process is not complete and new employee lack of expert skill and the use of raw material is inefficient, cause a high production cost. 3. Selling
the first time. The economics of scale has already improved and the synergetic effect between both companies will increase throughout 2019 particularly on the fixed cost side. EBITDA in Q1 2018 improved
forecast some of the factors that contributed to our over performance in the first half to ease towards the end of the year we look forward to a strong H2. On the cost side we face some headwinds in variable
33.7 Mn in 2017, an increase of THB 25.0 Mn or 287.4%. This increase was mainly due to (1) the increase in construction fees collected from franchisees during the setup phase and (2) increased in rebate
was mainly due to (1) the increase in net construction fees collected from franchisees during the setup phase which itself was related to the opening of new franchise branches and (2) increased rebate
%, mainly are from provision setup for contingent losses of 17.5M THB for noncomplying contract with Public Warehouse Organization (PWO). Unconsolidated financial results of 12-month ended period Unit
mitigated by stronger sales of new product and also export markets. On the costs side SG&A increased by 11% however this was largely due to one shot impacts for investment projects that will materialize in
down 70kt or 17% year on year. On the positive side EBITDA per tonne increased 1% and as fuel is expected to reduce in 2020 the trend is encouraging. On the costs side SG&A decreased by -5% as a focus on
expectations. On the cost side a major external factor was the change in Thai legislative environment, which made it necessary to build major additional retirement provision in Q2. On top of the external factors