loans and purchase of fuel inventory. Operational cash flow has increased if we remove the change in working capital investment. Unit: Million Thai Baht (THB) 31st Mar 2020 31st Dec 2019 YoY change YoY

improve operational efficiency and cost control in the past year had led to a significant improvement in Krungthai ZMICO’s operating performance comparing with last year. The operating results of Krungthai

that the operating results will improve in early 2021. As of now, the company is open for business as per usual, no direct operational impact from the COVID-19 outbreak situation. 2. Operating Results

booked in the subsidiaries’ operational assets. As a result, the Company recognized the financial costs of each project in the income statement. In the third quarter of 2019, the Company was in the process

Services Tax (GST) abolition in 2018. However, the subsidiaries have continuously improved operational efficiency through improvements in gross margin rates, as well as continuing to focus on cost efficiency

corporate and operational goals, and to launch projects in response to problems and demands in various dimension of the public on a constant basis, with concrete evaluation and reporting, for positive

, Index Furniture Center, and WINNER stores • Revenue from other sales, e.g., revenue from franchise stores, dealers, and online • Revenue from other services, e.g., delivery, installation services • >90

cost of water treatment system installation is around 40-60 baht per waste water ton. This would affect the cost structure and the investment return of the project. (3) Analysis on movement of the

of LED screens installation of THB 109mn, the recognition of billboard structure of THB 143mn as well as the recognition of COMASS’s assets after consolidated of THB 48mn and 2) the increase in the

mainly from the recognition of billboard structure of THB 147mn, an increase in work in process of LED screens installation of THB 127mn and the recognition of COMASS’s assets after consolidation of THB