requirement remains in effect until the Minister of Finance approves the revocation of the company’s license. However, even after the effective revocation of its license, Zipmex retains its status as a
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) higher finance costs due to higher borrowings as a result of additional investments in machinery, subsidiaries, and joint ventures both in Thailand and overseas. EBITDA in Q2/2018 was Baht 43 million, a
selling expenses from multiple new products launch; and higher finance costs due to higher borrowings as a result of previous investments in machinery, subsidiaries, and joint ventures. If considering
loss of THB 254mn, mainly from higher finance cost, due to (i) the full quarter consolidation of the acquired hotel business in Europe in which the foreign exchange (FX) loss from loans revaluation and
% Finance costs 14 17 -17% 66 60 +10% Share of profit (loss) from investment in subsidiaries and joint ventures (8) (0) -5374% (12) (16) +28% Tax (income) (17) (48) +65% (66) (101) +35% Net profit (loss
the Annual General Meeting of Shareholders wherein all resolutions proposed were approved 10 May 2018: Creating a foundation for Vienna House Expansion in Thailand. Vienna International Hotelmanagement