SEC Secretary-General Ruenvadee Suwanmongkol said: “Today, the Minister of Finance has announced the results of the World Bank’s Doing Business Report 2020, with the overall ranking for Thailand at No. 21, six levels higher than No. 27 in the preceding year, and No. 5 within the Asia-Pacific region. Two areas of better performances were (1) Dealing with Construction Permits and (2) Protecting Minority Shareholder. “During the course of assessment, the SEC proactively participated in the r...

255 million or 1.11 percent in net interest income, derived from rising interest income from investment. KBank maintained key financial ratios at levels consistent with our overall economic performance

cost rose near the end of the year causing inconsistency between the retail price at service stations and rising finished product costs. Power Plant Business Group recorded increase in electricity sales

Budget Act and drought. Furthermore, domestic spending may be limited due to weakening purchasing power and hefty household debt. Apart from economic woes, businesses face numerous other challenges that

and subsidiaries thus reported Baht 90,484 million in operating profit before provision expense and income tax expense, rising Baht 935 million, or 1.05 percent, over-year. The increase was derived from

amid high household debt, whereas public investment and the government’s budget disbursement were affected by a delay in the formation of a new government. Nevertheless, economic stability remained sound

, resulting in next level power, while being balanced eco-friendly with high level refining technology to create pure uncontaminated finished product; with Cetane level peaking at 70, performing spectacularly

tourist arrivals due to the Coronavirus Disease 2019 (COVID-19) outbreak and slowing Chinese economy. Meanwhile, domestic factors include severe droughts and the delay on government budget approval

attributable to consistent orders from present customer and new customer. 1. Cost of sales and gross profit The Company’s cost of sales in year 2018 amounted to Baht 256.50 million, rising year-on-year by Baht

of sales 2,539.53 million baht (83.00% when compared to sales), net profit of 125.73 million baht, decreased 88.96 million baht or 70.75 percent because commodity prices are rising, and the market is