increase in minimum wages, local SME projects and agricultural business reform, to support the low-income group. Overall, the Thai economy is on course for a steady year of growth, according to the Bank of

, 2017, the CPN Group entered a sublet agreement of Hilton Pattaya Hotel with CPNREIT after the transfer of the asset into CPNREIT was completed. Central Pattana Public Company Limited Management’s

Share Purchase Agreement; 3. Execution, amendment, modification and connection on any applications and evidences essential and relevant to the Transaction on the Investment in the Ordinary Shares of KPN

rate of Bt0.19/minute became effective, compared to Bt0.27/minute last year. On the other hand, equipment rental was started in Mar-18 following the official agreement on partnership with TOT (see

deferred income tax of Baht 0.53 million but there were decrease in fixed assets of Baht 70.14 million, decrease in intangible assets of Baht 3.99 million, decrease in cash and cash in bank of Baht 3.52

primarily due to: • Revenue from sales and cost of goods sold The total sales volumes and total production volumes were lower than last year mainly due to the termination of tolling agreement with G Steel

Christmas in Q4/2019. In addition, the selected strategic partner will help After You expand franchise stores throughout Hong Kong within the agreement term and will potentially help the company expand to

of Baht 4.10 million and increase in deferred income tax of Baht 0.04 million, but there were decrease in fixed assets of Baht 84.14 million, decrease in intangible assets of Baht 2.97 million and

volumes were lower than last year quarter mainly due to the termination of tolling agreement with G Steel Public Company Limited in February 2019 resulting to significant decrease in sale volume and

FY2018 Bangchak Corporation Plc. I 2 Table of Content Management Discussion & Analysis of Business Operation 03 Executive Summary 05 Important Events 08 Statement of Income 10 Business Performance 10