inconsistent with the facts to deceive other persons. Mr. Bhusana committed a fraud by misappropriating money of IEC through the transactions related to the outsourcing contract with Thai-Chin Engineering &
, stable ratio with the corresponding period of previous year. The main reasons were an increase in employee expenses of Baht 1 million due to salary increasing and an increase in promotion expenses of Baht
that happened in the 2nd quarter of 2020, the Company had the production cost increasing from the improvement of work in process products to be the finished goods in order to be able to sell efficiently
same period of last year. This is result from sale volume was increasing and the world steel price trend increasing from the same period of last year. 2. Cost of goods sold and service of Baht 2,358.79
was due to the weakening Thai baht against the US dollar and Euro in the period, which resulted in THB sales increasing by Bt93 million (Table 1). The increase in revenue in 1Q20 was due mainly to an
mobile operator has slowed down the activation of addi- tional systems that the Company has developed and focusing on retaining and increasing the number of users on each operator’s networks. Services
benefited from the increasing price of Low Management Discussion and Analysis of Business Operation for Q3/2019 Bangchak Corporation Plc. I 4 Sulphur Fuel Oil, as preparations were made for the transition
. With rising benchmark prices coming from increasing prices of China’s key feedstock, naphtha, and increasing gasoline demand, US MTBE spreads improved from the lows seen in 2020. The upcoming driving
Foreign Exchange gain of Baht 684 million. Significant events during the quarter are - - Restructuring of Debt of Baht 4,195 million to Equity and waiver of interest as above, thereby increasing the Profit
increasing in Cash and Cash Equivalents from THB 69.07 million as at December 31, 2018 to THB 128.82 million. 2.2 Liabilities As of September 30, 2019, total liabilities on consolidated basis dropped THB