. The Company has speeded up this project in responsive of promising New Normal demand due to the future trend of tourism industry. Should the domestic tourism have been recovered from government stimulus

shares to VAVA to repayment the loan. As a result, the interest expenses will decrease by approximately Baht 1.3 million per year. Therefore, the loss of the Company will decrease and will be profitable in

region have grown substantially as a re- sult of higher volumes of HVA products as well as improvement in the blended margins of the portfolio. On a per tonne basis, EMEA is the most profitable re- North

in 2016 did not affect materiality to the report of the Company’s Financial Statement. 2. Profitable ability 2.1 Revenue In 2017 the Company has earned total revenue from the first six months amount of

sustainable and profitable growth of both high-volume Necessities and high-margin HVA business continues.  Our global scale of polyester value chain and HVA platform has been enhanced by recent acquisitions

management while expanding into profitable segment with higher asset quality taking in careful considerations the economic conditions. The overall Bank’s loan portfolio as of end of 3Q20 expanded by 8.2% 2

responsive. Moreover, CPN is currently preparing an investment plan in Vietnam, a market with exceptional growth potential in the region that will be an important driving force in the company’s long-term

both CCPH and KPPH as both are in a good financial position with profitable prospects (i.e., vacuums and hair dryers for KPPH and manufacturing of hard disk drives and solid state drives for CCPH). Notes

quarter which recorded a gain on purchase of THB 367 million. As a result, Power Plant Business recorded a lower EBITDA from the previous quarter, but both projects still record profitable performance. 4

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...