. Moreover, Q2/2018 was a period in which crude oil price made constant gains, whereas retail prices were hardly able to keep up with the pace at which the cost of the products were Management Discussion and
the gross margin. Company able to control cost better than last year. With a gross margin of 25% in 2018 and 23% in 2017. 1.3 Other income is the indirect business income generated by the Company such
, registering a growth of 45% QoQ and 21% YoY), positive contract adjustments and inventory gains Our company-wide cost and business transformation, Project Olympus, yielded US$67M during the quarter, on track
in the regulations but was able to maintain its good performance in the first quarter of 2019. Considering the Statement of Financial Position of the commercial banks registered in Thailand at the end
revenue from sales. Comparing in terms of sales and gross profit, the company is still able to maintain a good market share as well as profit margin level during the economic slowdown since the previous
lower cost of the steel-coil price as well as being able to increase production by opening the warehouse in the new factory. Resulting in lower production costs per unit. The Company’s other income THB
be effective in 2020, the Thai commercial banking system will be more stable and able to support loan expansion in the next phase. Overall Picture of the Bank and its Subsidiaries Million Baht Item
banks will continue to focus on managing loan quality. However, with a relatively high level of capital and the regular setting aside of additional provisions, commercial banks will be able to handle
may not always tally with consolidated financials due to holding segment. 3Core EBITDA is Reported EBITDA less Inventory gains/(losses). 4Core Net Profit is Reported Net Profit less Inventory gains
62.51% to 57.99%. 2. Net investment revenues, gains on investments and fair value losses totally amounted to Baht 30.22 million, an increase of Baht 13.46 million, because of the rise of gains from the