income (3) increased efficiency in support functions which resulted in limited increase in administrative expenses. Analysis of Financial Position Assets As of 31 December 2017, and 31 December 2018, the
increased. Unbilled Payables decreased by 33.8 MB, representing a decrease of 7.0% from Q4–2017. Due to the delivered project in the end of Q1–2019, resulted in the unbilled payables decreased while the large
aircraft and “Maintenance Reserve Fund” for ATR72-600. Personnel Expenses: for the first quarter of year 2019, the expense was increasing from 816.6 million baht to 838.2 million baht. That was resulted from
3.7% (a) Total assets Total asset as at March 31, 2019 stand at 1,276.51mb, an increase of 50.53mb or 4.1%. The main reason for the increase is due to higher trade receivables resulted from higher
resulted from rising salesperson and management expenses in order to accommodate the Company’s expansion and the Company has set aside Employee benefit obligations in accordance with severance payment as the
service business amounting of 48.56 Million Baht to support the business expansion. However, the decreased in property, plant and equipment resulted from impairment on gas depot and related assets in LPG
. 1 0 million baht and from the baht appreciation which resulted in the company having a loss on exchange rate of 2.20 million baht. Sea Freight, 151.36, 28% Air Freight, 181.49, 34% Cross Border
, increased by Baht 1,160 million compared to that of the previous year amounting to Baht 111 million. It resulted from the increase of working capital i.e. trade receivables, unbilled receivables, trade
December 31, 2018 resulted from the increase of the issuance of debentures in the amount of Baht 200 million on March 2019. Shareholders’ Equity as of June 30, 2019 was Baht 1,429.26 million decreased from