million baht, a decrease of 2.83 million baht or 17.70 percent, decrease in proportion to the revenue decline. 3 . The company had distribution cost and administrative expenses of 81.17 million baht, a
decreased as a result of the decline in retail and wholesale sales. 2 I 9 Management Discussion & Analysis 2023 Nevertheless, some channels had an increase in sale revenue which include (1) Commercial sales
; Malaysia dealership business reported a 19.1% growth in revenues driven by higher sales of Honda. However, Thailand dealership business reported a 17.5% decline in revenues due to slower sales caused by
trading accounts, during 12 December 2018 and 25 February 2019, in a different manner from their normal practice, and had avoided losses from a decline in TRC share prices before its 2018 net loss operating
affected and may be left behind if there is no collaborative effort to address the issues from all sectors. Research by UNDP shows a decline in government budget for biodiversity management over the past
impacts on the bondholders both in cases of approval and decline of approval for the above matters with respective supporting reasons and the opinions of the bondholders’ representative. The bondholders
decline of approval for the above matters with respective supporting reasons and the opinions of the bondholders’ representatives. The bondholders are, therefore, encouraged to thoroughly review the
the principles for the recognition, measurement, presentation and disclosure of leases, and requires a lessee to recognize assets and liabilities for all leases with a term of more than 12 months
revenue recognition. The transaction does not affect the Company’s cash flow. • In 2Q20, The Company recognized receivable from financial lease amount THB 321 mn which recognized in investment income until
supersedes TAS 17 Leases together with related Interpretations. The standard sets out the principles for the recognition, measurement, presentation and disclosure of leases, and requires a lessee to recognize