adoption of TFRS 16; despite higher Other Income of Baht 207.0 million mostly from the recongisation of FX gain on USD loan to related parties at WUPIN due to USD appreciation. Normalized Net Income
result of (i) the THB appreciation against EUR (THB appreciated from 35.90 THB/EUR in 1Q 2019 to 34.49 THB/EUR in 1Q 2020) since the majority of the Company’s hotels earns their revenue in Euro and (ii
) increased 68 keys under AHS management contracts. The Average Daily Rate (ADR) decreased by THB 523 per night as a result of (i) the THB appreciation against EUR (THB appreciated from 35.70 THB/EUR in 2Q 2019
lower Availability Payment Rate and Thai Baht appreciation. Normalized Share of Profit/(Loss) from Investments of Utilities Business was Baht (13.5) million due to the recognition from Share of Loss from
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
) Impact of Accounting Standard (TFRS 9 and TFRS 16) In 2Q2020, there were Foreign Exchange Gain of Baht 133.6 million due to USD loan of Associate companies resulting from Thai Baht appreciation and Impact
, together with the decrease in availability payment (AP) due to the appreciation of Thai Baht. • Small Power Producer (SPP): The gross profit increased by Baht 1,847 million as a result of the first full
to a loss on foreign currency exchange of Baht 31.0 million in Q4 2021, caused by appreciation of Thai Baht. This loss on foreign currency exchange was mainly associated with the USD loan related to
quarter of 2018, the Thai economy expanded well, driven by both growth in the foreign sector and gradual improvements in domestic demand. Merchandise exports improved both in terms of export quantity thanks
EOEG plant in the U.S. In addition, production of PTA in Asia rose by 7% year-on-year thanks to higher operating rates on the back of increased regional PTA demand. This was partly offset by lower