construction liabilities of solar projects in Vietnam while VND was appreciated against US dollar during this period. On the other hand, there was a THB 11 million loss on exchange rate in 6M’2020 as VND was
and improves engine cleaning, allowing the engine to work at maximum performance, the Company is the first and the only company to have such a product at the moment, and the number of Bangchak service
manufacturing and selling of brake calipers and housings, differentials, suspension, and engine parts. SP has a capacity of 90,000 tons per year and is a Tier 1 and 2 Automotive Parts Supplier. Date of
S.A. (“SP”) Business Characteristics SP, located in Maia, Portugal, engages in the manufacturing and selling of brake calipers and housings, differentials, suspension, and engine parts. SP has a
sustainable model. However, it is important to notice that a separate legal instrument is needed to make the taxonomy usable in each sphere of application. The taxonomy is an “engine” or a “soul” of the green
unrealized gain on exchange rate of Baht 245 million mainly from the outstanding of net liabilities in US dollar while Thai Baht was appreciated against US dollar during that period; and • Non-recurring
MANAGEMENT DISCUSSION AND ANALYSIS FOR 2017 2 2. ECONOMIC SITUATION Thai economy continually expanded supported by every economic engine especially merchandise exports that were uplifted from global trade
several hotels from a refurbishment program for performance uplift and the cease of operation of Dusit Thani Bangkok (which is the key revenue engine to the group) on 5 January 2019. Aiming to maintain
was appreciated from 35.9 THB/USD at the beginning of 2017 to 32.5 THB/USD at the end of the year or 10% appreciation. Nevertheless, GGC’s financial position for the year ended 2017 remains strong, with
Karlovy Vary (Czech Republic), one of the Company’s managed hotels with a total of 126 keys. The average daily rate (ADR) decreased THB 70 per night as a result of the THB appreciation (THB appreciated from