marketplace commission fees, (3) an increase in transportation expenses of THB 0.76 million due to soaring fuel prices which led to an increase in logistic cost per contracts. (4) an increase in rental and
increase in logistic cost per contracts. (4) an increase in rental and service fees of THB 16.77 million, from the opening of 6 new branches during the year, (5) an increase in utility expenses of THB 5.60
% of total borrowings. However, in order to manage risk that might occur from the fluctuation in foreign currencies, the Company has entered cross currency interest rate swap contracts to fully hedge its
interest rate swap contracts to fully hedge its debt. Debentures, Solvency and Liquidity Management As of May 31, 2024, the Company has outstanding long-term debentures, representing unsubordinated and
payments made for building and vehicle leases in accordance with the contracts. Additionally, the non-current provision for employee benefits increased. Shareholders’ equity As of September 30, 2024, the
contracts to fully hedge its debt. Debentures, Solvency and Liquidity Management As of November 30, 2024, the Company has outstanding long-term debentures, representing unsubordinated and unsecured debentures
segment. Increase in crude prices and restocking to support forthcoming seasonal demand has resulted in this trend being reversed in 1Q19. o 2019 is also expected to outperform 2018 as legacy contracts in
4.0 policy and the development of the digital economy, facilitate blockchain technology and smart contracts, and will have many applications to support daily business. Thailand is expected to start
contracts, leading to a recorded EBITDA of THB 2,198 million (+46% YoY, +140% QoQ). 6 | Management Discussion and Analysis of Business Operation for the 3rd quarter of 2017 Bangchak Corporation Plc. Bio-based
the method for calculating such earnings and loss, such benefits or returns; (3) risks arsing from entering into derivatives contracts, risk factors and scope of damage in the worst case scenerio of the