associates decreased 10.3% y-on-y in Q3’2019 to Baht 26 million and 42.1% y-on-y in 9M’2019 to Baht 77 million, primarily due to 1) lower profits at our associate named ABPIF and BGSENA as there was a deferred
to 390.8 million baht for the six-month period. Increasing share of profit from SPF was due to a better performance of WFS Cargo along with an increase in percentage of ownership in the associate to be
2017. TRIS Rating, an associate of S&P in Thailand has affirmed the Company’s rating of “A+” and revised upwards its outlook to ‘Positive’ from an earlier ‘Stable’. From a performance perspective, this
management in common with the issuer. Close members of an individual’s family are those that may be expected to influence, or be influenced by, that person in their dealings with the issuer. An associate is an
) lower profits at our associate namely ABPIF. Gain (Loss) on Exchange Rate • Recorded Gain on Exchange Rate at Baht 11 million in Q1’2019, primarily attributable to a unrealized gain on exchange rate from
Malaysian market share and retain the existing customers. Moreover, FKRMM was a motorcycle tire and tube manufacturer, therefore its personnel not only has expertise in market distribution but also knowledge
, therefore its personnel not only has expertise in market distribution but also knowledge in manufacturing which will be a good advantage for production development of NDR. Purchase Consideration of the
areas such as technical expertise and product variety, which would help the Company to expand into the Republic of India, Portugal, the USA, and the People’s Republic of China, and in introducing SGAH’s
create a strong business partnership where synergies could be achieved in areas such as technical expertise and product variety, which would help the Company to expand into the Republic of India, Portugal