% to 33.6% mainly derived from the biomass power plants, which the Group acquired in the third quarter of 2020, although the Group had significantly improve the machinery’s efficiency and cost reduction
operating and administrative expense was mainly from the Company’s plan to adjust the Back Office Operation through the Shared Service Center and improve debt collection system. As a result, personal expense
the FiT power purchase agreements. In addition, the biomass power plants, which the Group acquired in the third quarter of 2020, although the Group had significantly improve the machinery’s efficiency
utilized the remaining capacities in some units, in order to reduce the fixed cost to improve cost per unit. However, the Company is considering to provide the tolling service to be suitable for the current
) certifying that if the auditor of such audit firm is granted an approval from the SEC Office, the audit firm shall monitor and improve the audit quality control system in compliance with the standards
efficient, transparent, and examinable, in a bid to promote confidence towards, and integrity and security of, the overall financial system, and to improve the competitiveness and image of the Thai capital
& Analysis Q3/2023 5 I 10 In 9M2023, financial costs amounted to THB 19.80 million, increased by THB 3.99 million YoY (+25.25%) as the Company used more promissory notes to improve its liquidity and ensure
promissory notes to improve its liquidity and ensure sufficiency of working capital. Additionally, interest rates were increased in line with Bank of Thailand announcement. In 2023, the Company’s net profit
by 17.4% in 1H 2024; one of the worst in the last several years excluding an extraordinary event during Covid epidemic. We expect the industry will improve gradually towards the end of the year from
-Equity ratio of 0.4 times. We expect the car industry in Thailand to improve gradually. Yours sincerely, (Mr. Yeap Swee Chuan) Chairman and President http://www.aapico.com/ http://www.aapico.com/