a YoY basis, with stable volumes and a slight improvement in margins despite a global slowdown in the broader automotive sector. The Hygiene business grew in 2019, reflecting the full year
acquisition of approximately 33 rai of land for Carnival Magic Project, THB 170 million for building new staff house to accommodate Carnival Magic’s employees and THB 96.10 million for improvement of activities
approximately 33 rai of land for Carnival Magic Project, THB 170 million for building new staff house to accommodate Carnival Magic’s employees and THB 96.10 million for improvement of activities in Phuket
Project had the value of approximately Baht 745.9 Million (excluding VAT); 3. Improvement and replacement of the expiring equipment in the E&M Systems in respect of the existing MRT Blue Line Project had
approximately Baht 745.9 Million (excluding VAT); 3. Improvement and replacement of the expiring equipment in the E&M Systems in respect of the existing MRT Blue Line Project had the value of approximately Baht
household sector increased due to the rush to transfer home ownership before the effective date of the revision of the housing loan regulation (LTV measure) on April 1, 2019, but demand for auto-leasing
-affirmed to AA- by TRIS Industry spreads weak Management focus on cost and cash flow improvement Exceptional items adversely impacted core EBITDA Strong Thai Baht adversely impacted translated earnings 2 3Q
performance of the Company is deteriorating. The Company has been able to sell the products but the ownership transfer target cannot be achieved. The operational strategy has thus been adjusted and 2017 is
expenses on ownership transfer) and expenses on management to be 43.17% and 7.43% lower than those of the same quarter of the previous year respectively. Statement of financial position as of 30 September
recognized this year. The gross profit was thus less than 30% but the Company was able to control the expenses from sale (excluding ownership transfer expenses) as well as management expenses to be 37.54% and