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E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...
Business was in the low season; the monsoon season, resulting in lowered sales volume and marketing margin. However there were market share gains for the service station channel and the company was able to
achieve efficiency gains in the operations. Together with the planned revenue growth, the cost management initiatives should help the Company to continually improve its overall gross profit margin. Moreover
foreign exchange gains 1,245 35 3411% Gain from debt restructuring 749 - 100% Other incomes 128 109 17% Total income 28,739 21,920 31% Expenses Cost of sale - Cost of goods sold 24,776 20,371 22% - Idle
765 59 1198% Net foreign exchange gains 1,245 35 3411% Gain from debt restructuring 749 - 100% Other incomes 128 109 17% Total income 28,739 21,920 31% Expenses Cost of sale - Cost of goods sold 24,776
2,020,773.50 221,971.52 Other Comprehensive Income Items Items that will not be reclassified subsequently to profit or loss Actuarial gains and losses on defined employee benefit plans 64,413.34 - Items that
strong performance in 4Q19 and 2019 driven mainly by gains on sales of assets or investments as well as higher revenue and profits from new business investment as aforementioned. The Company has already