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DTAC reported a net loss of ฿4,369 million for FY2018 due to the recognition of the disputes settlement with CAT by signing an agreement to pay a total of ฿9.5 billion compensation to CAT, separating into two transaction. The amount of ฿6.8 billion will be transferred as an initial payment, while the remaining ฿2.67 billion will be paid once the relevant court cases are withdrawn from the court.
SCC reported a 3Q20 Profit of 9,741 million baht, an increase of 57% YoY, while revenue from sales registered 100,938 million baht, a decrease of 9% YoY. Earnings improvement is attributed to better chemicals business on the back of improving demand in China and Asia in general. Meanwhile, high value-added products services also buoyed its 9M20 profit to reach 26,096 million baht, increased 5%.
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