financial expenses for Q3/2018 amounted to Bt34.8 million, a decrease of Bt2.9 million or 7.7%(y-o-y). And the financial expenses in the nine months of 2018 was of Bt104.6 million, a decrease of Bt10.8

capital increase from Initial Public Offering would result in the marked decrease in Debt-to-Equity ratio and financial costs going forward. Management’s Discussion and Analysis S Hotels and Resorts Public

7,741 1,073.51 13.87% In 2021, the Company’s total assets increased by Baht 376.44 million, largely attributable to increase in inventories, property, plant, equipment, and investment in associates but

revenue increased by 3.2% year-on-year. Sales and service income increased by 4.4% attributable to 6.7% increase in automotive parts businesses and 1.1% decrease in dealership businesses respectively. It is

and subsidiaries reported Baht 9,744 million in net profit, decreasing Baht 1,173 million or 10.75 percent over-quarter. The decrease could be attributed to non-interest income, which dropped Baht 3,187

profit decreased by Baht 128 million mainly due to the decrease in steam sales volume of Rayong Central Utility Plants (CUP) and IRPC Clean Power (IRPC-CP) decreased, even though the electricity sales

reported a decrease in number of visitors by 3.4%, 7.2% and 2.9 % respectively. For nine-month period of year 2018, the number of passengers of Bangkok Airways slightly increased by 0.9 percent compared with

only) Samui-U-Tapao from 7 flights per week to 11 flights per week (Winter Schedule only) Decrease Flight Frequencies Chiang Mai-Mandalay from 7 flights per week to 4 flights per week (October 2019

decrease in share of profit or voting rights in CAZ decreased from 51.30% to 36.64% or equivalent to 14.66%. However, CAZ will still be the Company’s subsidiary after IPO as the Company still has control

at 21% respectively. 1.1.2 Others Income Others income was of Bt11.4million, a decrease of Bt7.4 million or 39.4%(y-o-y). Since lower interest income as investment in short-term Government bonds has