Power Company Limited ("HPC"), a joint venture, in a portion of 40 percent increased in the amount of Baht 599.48 million; as well as, the profit of Phu Fai Mining Company Limited, a joint venture for

depends on the nature of the item being hedged. In case of Cash Flow Hedges, only the effective portion of changes in the fair value of the derivative financial instrument is recognized in other

2018 are as follows: (Million Baht) Operating results of the Company for the three-month periods ended 31 December 2019 and 2018 are as follows: (Million Baht) Revenue by segment Revenue Cost Gross

, Humanica and Tiger will be able to offer a suitable HR technology to every segment of the market from small to large corporations. We will leverage on Tiger’s strong presences and excellence reputation in

, the proportion of cost of goods vs. sales and services income (excluding other income) has decreased. Since the proportionate cost of sales in the engineering and machinery equipment segment is much

of investments Total revenue grew by 8.83% year-on-year, driven by higher sales from the automotive parts segment and sale contribution of AAPICO Maia which the company acquired in Q4 2019. Interest

881 www.aapico.com Management Discussion and Analysis for the 2nd quarter of year 2019 2 Total revenue grew by 11.1% year-on-year, driven by higher sales from the automotive parts segment. Interest

operating revenue breakdown by business segment (Unit: Million Baht) Second quarter 6-month period 2020 2019 Change % 2020 2019 Change % Revenue from sales of real estate 2,233 1,992 241 12 3,859 5,045 (1,186

devices to deliver bundled solution to clients. Together, Humanica and Tiger will be able to offer a suitable HR technology to every segment of the market from small to large corporations. Leveraging on

went on at higher level than previous year, somewhat improved indicates the recovery trend, but not too much while big portion of idle capacity still existed. Hence, the oversupply risk will pertain with