employee benefit as per new labour protection act, the exchange rate effect from the appreciation of Thai Baht against the better performance of oversea hotels and the results of Elite Havens which invested
appreciation of baht. Compared with the end of December 2019, deposits rose by 8.9 percent and interbank and money market items rose by 21.4 percent, due largely to higher borrowing transactions. Million Baht
), as TETSO have started commercial run in late March 2018. Therefore, TETSO has not yet to be recognized for the revenues from operations. Lastly the company was also impacted from the Baht appreciation
Thai Baht appreciation has risen since the beginning of this year, there is loss on exchange rate for this period. - Translation - JKN GLOBAL MEDIA PUBLIC COMPANY LIMITED Management Discussion and
7,777 respectively. The changes was primarily due to impact of the economic slowdown, Thai Baht appreciation and competition in Samui market. Outrigger Hotels Indicators 2018 2019 %change Quarter 4/2018
due to effective in cost management and currency appreciation than the previous year resulting in lower product costs. In the year 2019, the exchange rate was between 30.33 – 32.53 Baht per 1 US dollar
% decrease from Baht 2,583.2 million of 2018. The decrease was mainly from lower contribution from GHECO-One mainly driven by lower Availability Payment Rate and Thai Baht appreciation, despite additional
from Baht 157.66 million in the previous year. The main reason was the appreciation of AUD currency in relative to USD currency, resulting in the increase of net asset value in AUD currency. Management
exchange gains worth 64.0 million baht, lower from 119 million baht in previous year and 348 million baht in 2015 following the recent baht appreciation. Thai baht/USD had moved in a range of 32.7 to 35.4 in