the appreciation of the Thai Baht has led to the destination shift among the country’s target tourists. These factors have, undoubtedly, put pressure on the hospitality industry, which is the main
recognition on remeasurement to fair value of the derivative according to the adopted accounting policies for derivatives and hedge accounting. 2.3 Revenue from finance leases contracts Revenue from finance
price competition and sale volume as well as Baht appreciation which leads to slow down in exporting thus revenue from sales of electricity and thermal energy declined due to shut down of machine for
%. The main reason was Baht appreciation more than the corresponding period of previous year. That led to the decrease in cost of inventories. Exchange rate during Q1/2020 was between 30.28 – 33.09 Baht
For the first quarter ended 31 March 2018, the Company’s sale revenues were Bt. 24,590.08 million, which decreased 3.00% from last year. The decrease of sales was mainly due to Baht appreciation during
the loss on exchange rate in the 2 nd quarter of 2016 was Baht 762.23 million. The main reason was due to the appreciation of the JPY Currency in the 2 nd quarter of 2016, resulting in loss on exchange
11.9 percent from Baht 1,107.20 million in the 3 rd quarter of 2016. The decrease was from the recognition of lease receivable, in accordance with the Effective Interest Method. 2.4 Income Tax Expense
. Subsequent to initial recognition, they are remeasured at fair value, gain or loss on remeasurement to fair value is recognized immediately in profit or loss. However, where derivatives qualify for hedge