between 22 March and 16 May 2020, following the government’s measures to prevent the spread of COVID- 19. Net profit in Q2/2020 was Baht 14.5 million, dropped by 90.8% YoY, mainly due to the decrease in
borrowing as financing for (1) the acquisition of Thai food business and (2) dividend payment. Tax Expenses Income tax expense decreased slightly from THB 20.9 Mn in 2016 to THB 20.1 Mn in 2017 a decrease of
of Baht 3.93 million for the quarter ended 31th March 2019 and 2018. The decrease of Baht 7.78 million in the profit is mainly due to the following. 1. A increment in the Group’s revenue 2.84% or Baht
six-month period, the Company reported total revenue amounting to 13,865.7 million baht, decreased by 1.4 percent from the same period last year. A decrease in total revenue was mainly due to airline
combined net profit of the commercial banking system was Baht 187.3 billion, a 5.7 percent decrease from last year, due to larger loan impairment charges set aside for credit losses in compliance with IFRS9
acquisition in the amount of THB 1,602 million in the consolidated financial statement. On the other hand, in 2017 the company recorded a decrease in the tax expense, due to receiving tax returns in the amount
be resulting that the Company would be able to decrease net outstanding debts in the amount of USD 123,899,729 or equivalent to THB 4,275,683,281.33 including the haircut of accrued interest of such
expenses. Compared with the fourth quarter of 2018, operating expenses fell by Baht 356 million or 2.2 percent from a decrease of Baht 2,294 million in personnel expenses. This is mainly because in the
also due to a decrease in interest rates. Nevertheless, loan demand for investment declined, both for fixed investment and inventory buildup purposes. Demand for consumer loans declined in all categories
government projects, even during the economic crisis as a result of the pandemic of COVID-19. In Q1–2020, the company’s total revenue decreased form Q4–2019, representing a decrease of 1,049.0 MB or 46.0% and