Flow Analysis Cash and cash equivalents at the end of H1 2019 decreased by 6mTHB from the start of the period to 33mTHB. The main differences on a year-on-year comparison is the increase in operational

costs as our fuel expenses have increased in recent months in line with the general trends on the solid fuel market. The operational efficiency improvement projects will along with fixed cost discipline

long run; and (3) To help create the opportunity to increase the Company’s share price and dividend from its operational results in the future. 7. Source of Funds The Company will utilize the proceeds

: “Sales wise we had a very good third quarter buoyed by a strong market and good operational performance where we were able to run all available assets at full capacity including in our recently acquired

expansion, ii) increase in professional expenses including consulting fees related to operational systems preparation and legal fees, iii) incurred unrealized loss from exchange rate of equipment deposit

การประกอบธุรกิจเพื่อให้สะท้อนความเสี่ยงด้านการปฏิบัติการ (operational risk) นั้นไม่เหมาะสม เพราะขนาดของความเสียหายผูกติดกับความเชื่อและขนาดของเงินลงทุนของลูกค้า ไม่ได้ผูกติดกับรายได้ค่าธรรมเนียมหรือค่า

improve the sales and ownership transfer volume of the Company. In 2019, the net profit of the Company and subsidiary companies has increased from that in 2018 because of better operational efficiency. The

Microsoft Word - MD_A_Q12020_EN final 1 Forth Smart Service Public Company Limited (FSMART) 1Q2020 Management Discussion and Analysis Operational Summary in 1Q20 (Affected from Covid-19 pandemic

1 Forth Smart Service Public Company Limited (FSMART) 1Q2020 Management Discussion and Analysis Operational Summary in 2Q20 (affected by Covid-19 pandemic and measurements from government) • Net

. In order to maintain overall financial results, the Company has initiated strategies focused on improvements in operational efficiency and expense control, such as adapting to the ‘new normal’ of