2018, HPC recorded gain on exchange rate in the amount of Baht 481.61 million, due to the appreciation of USD currency. In contrast, during the year 2019, HPC had adopted accounting policies for
gross profit margin narrowing to 20% from 26% the previous year. The decrease was due mainly to the impact of a higher cost of goods sold and a change in foreign currency exchange rates. The cost of goods
AUD currency in relative to USD currency, resulting in the decrease of net asset value in AUD currency. In contrast, the Company recorded gain on exchange rate of Baht 233.00 million in the 1 st quarter
times its total foreign-currency-denominated debt. The Thai baht stood at 32.55 THB/USD at the end of 2018, easing by 0.75 percent from 32.31 THB/USD at the beginning of the year. On the domestic front
Office of the Securities and Exchange Commission (SEC) through one offering or partially offering and/or offering program and/or occasionally offering Currency Thai Baht Not change Tenor/Maturities Not
Office of the Securities and Exchange Commission (SEC) through one offering or partially offering and/or offering program and/or occasionally offering Currency Thai Baht Not change Tenor/Maturities Not
Office of the Securities and Exchange Commission (SEC) through one offering or partially offering and/or offering program and/or occasionally offering Currency Thai Baht Not change Tenor/Maturities Not
Office of the Securities and Exchange Commission (SEC) through one offering or partially offering and/or offering program and/or occasionally offering Currency Thai Baht Not change Tenor/Maturities Not
solutions ✓ Climate Adaptation solutions Copyright © 2022 by GMO LLC. All rights reserved. For Institutional Use Only | 20 INCORPORATING SUSTAINABILITY IN VALUATIONS Uncertain cash flows; difficult to
320.6 million. The increase in core operating profit was mainly due to increased volume and revenue of automotive parts business. Gain on foreign currency exchange rate was at Baht 174.8 million in Q3