2018 & 2019 (Avgol, Kordana, Schoeller, UTT). The EBITDA however decreased 9% YoY due to depressed margins in IPA business and lower Rotterdam production. On a LTM 2Q2019 basis, the absolute EBITDA
billion or 12.3 percent due to an increase in the investment in available-for- sale securities; while net interbank and money market items of Baht 494.5 billion, decreased by Baht 139.7 billion or 22.0
been declining, whereby in 2017, the Company’s total revenues amounted to Baht 294 Million, which was decreased from Baht 332 Million in 2016 or representing a decrease by 11 percent, thereby causing the
THB 7.58 million. This was due to an increase in revenue and management benefit expenses decreased by THB 0.78 million. However, there was an increase in administrative expenses of THB 0.87 million , in
net profit since the date the acquisition was completed. The Bank’s net profit decreased from the first half of 2019, primarily due to additional reserve made for expected credit losses in line with
& equipment upgrades, smart metering, etc Operating expense of ongoing maintenance, where increased energy efficiency and decreased carbon emissions are materially significant Commercial Buildings - a building
sales, sales in the Company’s major focused countries still could continue to grow. Export CMG sales decreased by c.45% YoY, since there was some customer ending the distribution contract with some
Analysis Cash and cash equivalents in 4Q 2018 end decreased to 39mTHB, down by 11mTHB from the 50mTHB at the end of Q3 2018. Major changes are increased financing cost due to the acquisition in Q1, income
economic activity, which is on a recovery path. 1.2 Banking Industry and Competition In the second quarter of 2017, commercial banks recorded decreased net profit over-quarter and over-year. The decline
from Products and Solution members to the projects in Q1/2016 at the amount of 1.78 million THB. However, the proportion of selling expenses to total revenue is decreased from 3.45% to 2.26% due to the