restructure of the Company’s group in order to cope with consequences from the current economic recession, including the industrial regression of business which is not core business of the Company, e.g

business operation, as the Company has continuous loss. Thus, the Company considers the business restructure of the Company’s group in order to cope with consequences from the current economic recession

, the value of merchandise exports expanded at a slower rate as the result of the economic slowdown in major trading partners, and the effect of protectionist trade policies between the US and China. The

of (i) Baht 469.24 million from Outright sales and (ii) Baht 67.51 million from installment sales. The Company believes this is due to the economic downturn which led to the slowdown of purchases of

outbreak. In 1Q20, overall economy was largely affected by the coronavirus disease (COVID- 19) outbreak globally, including the Thai economy, resulting a deep economic deceleration throughout the year. Thai

67.51 million from installment sales. The Company believes this is due to the economic downturn which led to the slowdown of purchases of real estate properties since 2019 3.3 NPLs by Portfolio

enhancements benefitting both the top and bottom line as we expect 2020 to be a more successful year” 2. Outlook Economic growth was approximately 1.6% in Q4 2019 compared to the same period last year with

expenditure of governmental sector and consumer of private sector. Those economic conditions influence the previous Quarter / that the Group gained more revenue from product distribution and service business at

IPO proceeds and the official economic and investment developing plan for the Country. It has been, however, decided to cease the study of one project on Ram Indra area due to the unsatisfied

trend development was more than offset by the continued positive growth sentiment of advertising spending in November and December 2017, driven by the economic rebound in exports, tourism and automotive