USD currency. In contrast, during the 1st quarter of 2019, HPC had adopted accounting policies for derivatives and hedge accounting, relating to Expenditure Hedging, resulting in decrease of foreign
. Investments in capital expenditure have also reduced significantly with continued focus on Capex discipline. There are no major investments planned in H2 2019 given the significant investments over the last two
competitors entering to the market, and invested in assets in order to receive privileges under investment promotion schemes granted expenditure reduction around 1.5 times. The installation of kiosk takes
% in the previous quarter due to a slowdown in both of export and tourism sectors. Meanwhile, the private consumption expenditure accelerated in line with rising consumer confidence. In addition, the
Crossroads Phase One comprise expenses incurred in preparing for the opening of Project Crossroads Phase One that was not recorded as capital expenditure, expenses relating to employee benefits from
. Decrease in cash, cash equivalent and short-term investments of THB 1,050.7 mm, which was mainly from higher capital expenditure, align with the Company expansion. 5. Decrease in cost of real estate
stimulate expenditure, including: Let’s Travel Together; credit limits increase; debt moratorium and measures for social-welfare card holders etc. Although these measures have now been implemented, consumer
optimization of stock management and the delaying of all but essential capital expenditure, as well as concise management of cash flow, working capital, and financial liquidity has resulted in achieving the
320mTHB purchase of Saraburi Quicklime in 2018. Removing this one off impact we are inline. Investments in capital expenditure have also reduced significantly in stay in business as 30% of the investment is