rate in 2009 following the Hamburger crisis. The Committee assessed that the Thai economy would expand at a lower rate than previously assessed and lower than its potential due to a decline in exports
Baht 2,202 million in Q4’2018 to Baht 2,413 million in Q1’2019 due to lower scheduled maintenance and lower expense from the seasonally peak of SG&A in Q4. • EBITDA margin in Q1’2019 was 23.5% compared
finance cost of 1,643 million baht, increasing by 5% y-y. For the third quarter of 2018, the finance cost was 538 million baht, increasing by 2% y-y and decreasing by 3% q-q due to a lower interest rate
health and esthetics. 2. Overview of operating results for the year 2019. Thai’s economic has trend to growing lower continuously, Not only exporting business but Travelling business also have trend to
, loans revenue was 2,905 million baht, a decrease of 115 million baht or 4% y-y, mainly from lower new trading volume and reduction on interest rate ceiling for personal loan by 3%. Moreover, loan income
rate was 9.6. This is because in Q3-2023, the Company had a significantly lower gross profit margin than Q3-2022, net of reserves recorded in Q3-2022. The Company recorded an allowance for expected
that in the same period of the previous year due to lower wind speed. (3) Revenue from sales of RCO increased due to the acquisition on October 1, 2019. Management Discussion and Analysis For the Three
. However, the percentage of selling and administrative expenses to revenue was 20.8% for this year, which was lower than 22. 9% of the previous year. Besides, the Company recorded a higher depreciation
doubtful THB 20.9 million but reverse allowance for doubtful THB 4.1 million in 2019. Thus, net profit and net profit margin in 2018 seemed lower 2019 significantly. • As of YE 2019 and 2018, Cash and Cash
. Administrative Expenses The Company and its subsidiaries had the admin expenses of 18.4 MB in Q2/2019 which decreased from Q2/2018 by 1.4 MB or 7.1 percent (19.9 MB in Q2/2018) due to lower travelling expense from