concerning the connected transactions B.E.2546 , which the operations are categorized as Provision or receipt of financial assistance transaction, it is not exceed Baht 100 million or 3% of NTA whichever is
with the Thai Financial Reporting Standards no.16 regarding lease agreements (“TFRS16”) which was effective since 1 January 2020. Notwithstanding, that the compliance to TFRS16 provided no significant
result in 2017 Consolidated Financial Statements THB (million) 2016 2017 YoY (%) Operating revenue 735 932 26.9% Cost of sales 330 390 18.1% Gross profit 405 542 34.1% Selling, general & administrative
company effective on 1 January 2020 onwards, resulting in reduced consultant service expenses of approximately THB 4.5 million. 2) Reduced financial advisory and legal consultant service expenses amounting
: - Translation - Page 5 of 6 However, the company’s policy emphasizes on increase in return on sales by focusing on efficiency in cost and expense management in the future. 4 Financial expenses Financial expenses
financial position for the fourth quarter and year ended December 31, 2019 with those of 2018. This report discusses principal changes in the audited consolidated financial statements. Overall market
in sales and overall gross profit margin and effective management over selling and admin expenses, which compensated higher financial expenses and corporate income tax expenses as mentioned above. Net
per ASK excluding fuel cost 2.69 2.91 2.67 2.77 RASK – CASK 0.03 (0.16) 0.12 (0.06) Remark (1) These figures are different from those included in Company’s consolidated Financial Statements as they
. However, the effective cost control helped decrease SG&A expenses, thus overall performance has improved. Bio-based product business The Biodiesel business performance improved from the same period of the
. Executive Summary 2. AMC Industry Outlook and Overview 3. Regulatory Considerations 4. Management Discussion and Analysis 5. Key Financial Ratios 6. Forward looking IMPORTANT DISCLIAMER The information