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receivable of 43.11 Million Baht, offset payments for shares and declining inventories of 6.44 Million Baht  Non-current assets of 179.61 Million Baht as 21.14 Million Baht increased when compared to June 30

partially offset by higher sales volume of all main products as a result of stable operation. The share of domestic and export sales has no significant change comparing with the previous year. * Note Please

acquisition would still be a cost-effective investment because ADAM would be able to offset the 96 million baht difference with the projected initial 100 million baht earning from the new construction phase

compensation from NBTC partially covered revenue loss. After gradual lifting of lockdown in late May-20 and economic activity slowly resumed, there were pent-up demand led to rebound in new acquisition and

Bt1,475mn, accounting for 4.3% of service revenue. This was a decrease of 19% YoY from the high base of USO fee rate in 1H17 but an increase of 13% QoQ due to the one-time license fee rate adjustment in 4Q17

IFRS16 implementation (THB 112mn), partially offset by a loan repayment which benefit the Company in reducing the business costs. Net loss was THB 806.6mn and net profit margin was (40.5%) compared to

increase in gas consumption arising from the inclusion of the power plants, despite partly offset by a decrease in the average effective price of natural gas price which is tied to the weighted average price

decrease was partially offset by 3) an increase in trade and other receivables of THB 52mn (see further details in trade and other receivable section) and 4) an increase in prepaid expenses of THB 19mn

JVs that are bearing costs associated with sales, marketing and project development. It was partially offset by THB 17mn profit contribution from Absolute Hotel Service (AHS). MANAGEMENT DISCUSSION