conversion cost. Cash conversion cost mainly increased from the increase of Graphite Electrode’s price. (Separate: Baht 4,724 million for the year 2018 and Baht 11,240 million for the year 2017, decrease Baht

million baht or 12.62% due to a decrease in tenants. Page 3 of 3 2.6 Construction costs were 8.53 million baht, a decrease of 0.63 million baht or 6.91 percent, decrease in proportion to the revenue decline

%. 2.6 Cconstruction costs were 9.44 million baht, a decrease of 5.58 million baht or 38.25 percent, decrease in proportion to the revenue decline. 3 . The company had distribution cost and administrative

Re: Allocation of Cash Flow under Securitization Program and Reporting on Transfer of the Remaining Assets and Benefits of Special Purpose Vehicles

as 116.55 Million Baht decreased or 29.96 percent when compared to same period of previous year of 389.02 Million Baht thus subsidiaries has revenue from selling wire and decline in services due to

well. However, if the Company can transfer the remaining backlog residences of MHNK project to the customers and recognize continuously the revenues as planned, the Company will reduce further its debts

with the decline in fees from transaction services caused by the exemption of transaction fees via digital channels. The decrease in non-interest income also came from lower gains on investments, while

baht as 378.41 million baht decreased of 26.51 percent when compared to same period of previous year of 1,427.57 million baht by Enesol Company Limited has decline in selling electricity and heat energy

THB 325 million in correspondence to the group’s asset restructuring. Without this non-recurring gain, total revenue was THB 5,245 million, a 3.3% decrease from 2016. The decline was attributable to the

Microsoft Word - MD&A_2020_Q2_E Management Discussion and Analysis: MD&A 1. Company Situation The company’s turnover for the second quarter of 2020 is still in decline, when compared to the same