than expected improvement projects on the kilns. However, going into H2 variable cost savings will add to EBITDA as we see the impact of lower fuel costs Efforts continue to optimize cost further with
above. The gross profit margin during 2019 was 58.9%. The improvement of gross profit margin mainly came from higher occupancy rate. 2. Sale of Investment Properties Revenue and share of profit from
stimulate expenditure, including: Let’s Travel Together; credit limits increase; debt moratorium and measures for social-welfare card holders etc. Although these measures have now been implemented, consumer
optimization of stock management and the delaying of all but essential capital expenditure, as well as concise management of cash flow, working capital, and financial liquidity has resulted in achieving the
maintenance cost increased due to the earlier than expected improvement projects on the kilns. However, maintenance has normalized and the average cost of fuel has reduced so Q4 should result in lower variable
dividend Q419 THB 0.5b , net capital expenditure THB 1.1b, other items THB -0.1b. Cash and financial investments in 2018 decreased by THB 1.0 billion to THB 8.7 billion, due to EBITDA 3.4 billion less final
% or THB 171mn from 31 December 2018. The improvement of deficit from six-month net profit was diluted by the impact of currency translation due to THB appreciation against EUR and GBP. To comply with
However, the government sector and related sectors had laid down the measures to stimulate the expenditure and relieve the economic impact such as Cash Relief amount of Baht 5,000 per month, increase of
firms demonstrated an improvement vis-à-vis the results from the previous inspection cycle. Such improvement was undoubtedly enabled by the formulation of audit firms’ root cause analysis process and
3.4 billion less final dividend THB 0.8 billion 2016 paid in Q217, interim dividend Q417 THB 0.8 billion, capital expenditure THB 1.1 billion, other items THB -0.9 billion. Cash and financial