preparing financial statements. The study also reveals the importance of the role of the executives, directors, and audit committee members in reducing financial statements adjustments, where improvement
(Chachoengsao) Co. ,Ltd. also increased its production capacity. In addition to the improvement of raw material cost management - leading to increase 5 Management Discussion and Analysis of Business Operation for
2018, CPN progressed with the following asset enhancement initiatives. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 3 of 16 The major renovation at CentralWorld
create long-term returns. In 2019, CPN progressed with the following asset enhancement initiatives. • The major renovation at CentralWorld, which has been ongoing in phases since 4Q16, has been completed
service. 3. Administrative expenses were Baht 286.57 million; decreased Baht 22.52 million or 7.29% from last year. This is result from improvement in administrative expense to align with current operation
expansion of subsidiaries, staff cost and expenses of hospital quality improvement. Please be informed accordingly. Sincerely yours, (Mr Pongpat Patanavanich) Managing Director
revenue ratio decreased by 4.42% (from 92.05% to 87.63%) because the improvement of production efficiency. 3. Profit from foreign exchange increased by 28.91 million baht (from the loss of 5.47 million baht
period last year. 2. Sales cost to revenue ratio decreased by 1.07 % (from 91.04 % to 89.97 % ) because the improvement of production efficiency. 3. Profit from foreign exchange increases by 10.87 million
. 2. Administrative expenses were Baht 50.87 million; decreased Baht 33.55 million or 39.74% from same period of last year. This is result from improvement in administrative expense to align with