a 4-storey office building with total area of 4,446.72 sqm from Noble Development Public Company Limited (Noble) at total investment of THB 800,000,000. MANAGEMENT DISCUSSION & ANALYSIS 2Q 2019 14
59”), a subsidiary of the Company (a company in which the Company holds 99.97 percent of the total shares), to lease the land with the area of approximately 1 rai, 1 ngan, 82 sq.wah., identified under
experience and success in managing the same technology while other entrepreneurs have insufficient experience in the same capacity system. In addition, the project is in a water shortage area due to geographic
and evaluate the assets of Hero Experience. Sims based its evaluation on the Discounted Cash Flow Approach, assuming that the business has been operating for 9 years on the area of 12,935 Square Meter
remain the same as it is the core expense for the business, and the revaluation on deferred tax assets that affect net profit. 2.1 Selected Financial Position and Operating Results Q2/2020 Significant
tax expenses: was THB 284 million in Q2/2020, increased by THB 254 million or 851% from Q2/2019 mainly due to an increase in deferred tax expenses arising from the implementation of Thai Financial
international sales declined dramatically at 46.03% compared to the same period of the previous year. One of the issues was the delayed product delivery after the license was issued from China Food and Drug
the revenue from 1) contaminated fuel sales 2) fines from work delayed by the contractor 3) from sales of unused aviation refueling vehicles and 4) from fuel tank rental services. 1.2 Expenses 1.2.1
one of the branded business customers having a delayed payment. - Inventories as of 31 December 2019, amounted to 8,964 million baht, a decrease of 5.3% from 2018 and increase of 16.7% from 2017. This