from 20.1% to 31.9%. The increase is caused from increase in sales and service income and gross profit from efficient fuel management both in procurement process and production process. In addition, the
growth of bad debt recovery that increased by 17% y-y caused by the increased of expedite the legal process. In the 3rd quarter of 2020, other incomes were 864 million baht, increased by 3% y-y, due to bad
. Management Discussion & Analysis 2022 Meanwhile, employee expenses significantly decreased by THB 48.89 million, caused by the Company’s decision to reduce the accrued bonus to 1-month compared to 3-month in
airline business slightly declined by 0.6 percent from highly intense competition which caused the average fare to drop by 6.0 percent, particularly in Indochina routes. This was a consequence of increasing
/2019. 2/ Impact from the adoption of Thai Financial Reporting Standards 16 Leases (TFRS 16) since 1 January 2020 which caused higher depreciation and interest expenses (net after tax). Operating
operating result was increased by 98 million Baht from an increase in Availability Payment (AP) according to the PPA and electricity profit, caused by higher electricity generation from a shorter planned
million, other current assets increased by Baht 18.79 million, caused by the taxes on the construction and machinery which waiting for the tax credit of the subsidiaries, and the Company decreased the
amount of Baht 4,358 million and Baht 9 million, respectively. Interest income and other income were increased. Additionally, a decrease in expenses, caused by the stopped amortization of right to PPA for
reason was the lower average selling price due to fewer big projects & price competition while the prices of plastic raisin rose, and then caused lower gross profit margin. WIIK
financing activities for 2018 are Baht 381 million, increased by Baht 873 million. It is caused by treasury shares of the subsidiary, repayment of long-term loans and payment of dividends to the Company’s