income fund* SEC, Thailand Equity fund Mixed fund Alternative investment fund Country concentration**Foreign investment asset class (TB) **Based on foreign direct investment (unit trust not included

advertising industry reported a decline of 6.0 percent by the last year in the amount of THB 101,445 million in 2017 where mainly cause is a decline of the festivities since 2016 subsequent to the mourning

year. The quantity of Sales was increased 9.8% while the average of selling price was down according to the decline of market steel price. Hereby, the cost of goods sold was Baht 4,989.97 million which

earned premiums will tend to decline. Yours sincerely, (Mr. Somboon Fusriboon) Managing Director /home/nsi/Desktop/SET/1Q_2017 reviewed financial statement.odt

declined from 63.48% to 58.46% mainly because the Company had adjusted the premium rate and condition of some non-motor policies. The overall loss ratio therefore was in decline. 2. Net investment revenue

the notification of the registrar. The ratio of net claim expense over eared premium of some voluntary motor policies moreover increased, the profit for the period therefore was in decline as mentioned

quarter in 2017. The reason of a decline of total revenue in the consolidated financial statement is the result of the reduction of advertising budget amount of THB 39 million from the client of a

Analysis  Total Expenses (Million Baht) Quarterly Change 1/2020 1/2019 % Cost of Goods Sold 178.8 257.2 (30.5) Temporary Shutdown Expenses 44.8 43.9 2.3 Allowance for the decline in value of inventory 6.0

bondholder representative analyze the benefits and shortcomings as well as the potential impacts on the bondholders both in cases of approval and decline of approval for the above matters with respective

approval and decline of approval for the above matters with respective supporting reasons, and clearly provide information to the bondholders together with the opinions of the bondholder representative