expense cuts in all areas. Administrative cost increased due to the shutdown of the KCEI plant, which was related to labor compensation payments, factory shutdown expense, and a change of monthly
rate from 0.75 to 0.50 percent at its meeting on May 20, 2020 (previous cuts were made on February 5 and at an emergency meeting on March 20. The global economy has been impacted by the Covid-19 pandemic
from the financial lease to buy the drag for investment in Euro Asia Total Logistics Limited Page 4 of 5 Net profit for the year Ended December 31, 2018 and December 31, 2017, equal to 96.19 million baht
Company Limited 5 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 MARCH 2020 made to maintain the price despite competitive pressure which remains. The engineering business while still a slight drag
their allies unable to come to terms on oil production cuts. This further exemplified pressure on the price of crude in the global market to make a severe reduction late in the quarter. Average price of
expectations and every effort will be made to maintain the positive trend we saw since 2018 although the competitive pressure continues to increase. The engineering business was a drag on EBITDA in 2019 however
ในอัตราที่ชะลอลงจากแรงกดดันของอัตราเงินเฟ้อเร่งตัวในหลายประเทศ และ Fiscal Drag หลังจากมาตรการสนับสนุนและ บรรเทาผลกระทบจากการระบาดของ COVID-19 เริ ่มหมดลง ณ วันที ่ 30 พฤศจิกายน 2564 Fundsmith Equity
engineering. A similar impact is seen year to date where core business is running well beyond the same period in 2017 while the impact from lack of engineering contribution is a drag. We do expect Golden Lime
competitive pressure which remains. The engineering business while still a slight drag in Q2 has secured a project in Indonesia and will be a positive contributor in 2020 as a whole. Depreciation was closed to
expanded sales channels through more online. In addition, Jaymart Mobile has also made significant cost cuts such as space rents, staff fees and other expenses in operation. In which selling and