reduction proposal. Administrative expenses The administrative expenses increased by 97.6% from the six months ended of year 2019 to THB 1,012.8 million for the six months ended of year 2020. The increase of

increase in long-term liabilities because a subsidiary company has long- term loans from the bank in the amount of 3.50 million baht and the recognition of long- term lease payable in the amount of 3.03

baht/kg, an increase from the previous year at 10.00 baht/kg, mainly due to the decline in the CPO stock from the level of 400,000 tons into the level of lower than 200,000 tons caused by exporting CPO

overhang” reduces investment levels by 1-2% for each percent increase in leverage ratios (Hennessy et al., 2007). 3 https://go.microsoft.com/fwlink/?linkid=2006808&clcid=0x409 SEC Classification : ใชภ้ายใน

. This was mainly due to the increase of the Company’s projects which are concert event and hinoki wood products in 2019. When deducted with the total cost of THB 5.20 million which consisted of the cost

increase the Company’s financial liquidity to be used as working capital and debt repayment which will help reduce the high interest burden of the Company. On the date the Board of Directors approved the

of Baht 77.3 million, increased by Baht 29.1 million or 60.5%YoY. The increase was mainly due to the adoption of TFRS 16 since 1 January 2020, which resulted in higher interest expenses by Baht 43.8

increase in line with the delivery of quality products into the market. However, investor questions about the credibility of green labelling are also growing. Standards, assurance & certification is

2500 2020-2022 Number of APAC Corporate Responded to CDP Climate Change Questionnaires 2020 2021 2022 More than 100% Increase from 2020 to 2022 2020: 3000+ 2021: 3800+ 2022: 6000+ 13 This report

11.50 million Baht or 2.85% compared to the first half of 2016, due to the increasing of depreciation and amortization by 9.85 million Baht from the amortized assets under concession agreements that the