the company’s annual report and the SEC Form 56-1. - The SEC Form 56-1 disclosure remains unchanged. To the extent that disclosure is required pursuant to SEC Form 56-1, a company is expected to
and service were difficult due to the weak purchasing power. Since the consumers were price- sensitive, together with a high competition in the market, some entrepreneurs turned to reduce their
a lot in the last year, some customers reduced the demand for this type of content and turned to buy program rights which has been broadcasted on television instead. Moreover, the customer less the
to lower bad debt provision while decreasing -11%QoQ due to some seasonal staff-related expenses. Net FX loss was Bt223mn, turned negative, compared to FX gain of B263mn in 4Q20 due to THB depreciation
staff-related expenses. Net FX loss was Bt-42mn in 1Q22, turned negative, compared to FX gain of Bt163mn in 4Q21 due to THB depreciation. AIS has the policy to mitigate the currency risk using hedge
to 8.2% in Q4 2022 due to the following reasons: 1) Strong performance of automotive parts business in Thailand. Portugal performed well in Q4 2022, turned from a big loss in Q4 2021 to a profit in
was appreciated from 35.9 THB/USD at the beginning of 2017 to 32.5 THB/USD at the end of the year or 10% appreciation. Nevertheless, GGC’s financial position for the year ended 2017 remains strong, with
financial position remains strong with low debt-to-equity ratio and high current ratio. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 3 10% 90% 1Q2019 41% 59% 1Q2018 444 8
Company opened Dusit Doha Hotel, our first hotel in Qatar. Most recently on May 1st, DTC opened a new hotel in Thailand “Dusit Suites Hotel Ratchadamri, Bangkok”. The Company’s hotel expansion remains via
branded product by 3rd party manufacture remains stable as last year. For sales by channel, traditional trade reduced by THB 73 million or 7% while modern trade and cash van increased by THB 63 million or