result of (i) the THB appreciation against EUR (THB appreciated from 35.90 THB/EUR in 1Q 2019 to 34.49 THB/EUR in 1Q 2020) since the majority of the Company’s hotels earns their revenue in Euro and (ii
) increased 68 keys under AHS management contracts. The Average Daily Rate (ADR) decreased by THB 523 per night as a result of (i) the THB appreciation against EUR (THB appreciated from 35.70 THB/EUR in 2Q 2019
lower Availability Payment Rate and Thai Baht appreciation. Normalized Share of Profit/(Loss) from Investments of Utilities Business was Baht (13.5) million due to the recognition from Share of Loss from
due to effective in cost management and currency appreciation than the previous year resulting in lower product costs. In the year 2019, the exchange rate was between 30.33 – 32.53 Baht per 1 US dollar
) Impact of Accounting Standard (TFRS 9 and TFRS 16) In 2Q2020, there were Foreign Exchange Gain of Baht 133.6 million due to USD loan of Associate companies resulting from Thai Baht appreciation and Impact
exchange of Baht 69.3 million in Q3 2023, due to appreciation of Thai Baht in Q3 2024. Loss on foreign currency exchange in Q3 2024 was related with the account receivable in USD. However, Gain on foreign
volume increased as the mandated B100 proportion in diesel was at 7% all year. However, performance was affected by the low crude palm oil price situation in the country, leading B100 price to decline in
US, the Qatar diplomatic crisis, and the new reference rate of Yuan unveiled by the Chinese authorities, leading to strengthening of the Chinese currency and other Asian currencies. These risks caused
. 2475 (1932), and the Local Development Tax Act, B.E. 2508 (1965), which were deemed unsuited to the present circumstances, leading to social inequality. The new law came into force on March 13, 2019
Community (AEC), and the advancing digital age amid the rapid pace of technological advancement, thus leading to changing customer behavior, regulatory changes and life platform-driven competition. Given the