สภำวะเศรษฐกิจกำรลงทุน ปัจจัยทำงกำรเมืองท้ังในและต่ำงประเทศ เป็นต้น ซึ่งพิจำรณำ ได้จำกค่ำ standard deviation (SD) ของกองทุนรวม หำกกองทุนรวมมีค่ำ SD สูง แสดงว่ำกองทุนรวม มีควำมผันผวนจำกกำรเปลี่ยนแปลงของรำ

Reporting Standard No. 15 (Revised) : Revenue from Contracts with Customers, effective 1 January 2019 has impacted on the Company and its subsidiaries’ financial statement as follows : o Brand : Adjusting

1Q2020, overall palm oil production in both domestic and international market declined due to the significant impact of drought on agriculture. According to Department of Internal Trade, local crude palm

expenses, (ii) depreciation which was significantly increased by THB 214mn (or 129%) YoY, driven mainly by the adoption of the new financial reporting standard related to Leases (TFRS16) (iii) Loss on

all countries where the Company owns or operates its businesses. Significant Developments Impact from COVID-19 pandemic The Company announced the temporary suspension on hotel operations from April 1

overseas assets • Net debt to equity ratio at the end of 2Q 2020 stood at 0.98x, an increase from 0.48x on 31 December 2019 2Q 2020 SIGNIFICANT EVENTS Impacts of Coronavirus Disease 2019 (COVID–19) COVID-19

1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE For

expense along with the fact that the Company could no longer capitalize interest expense on CROSSROADS project since its commercial launch in September 2019, mainly pressured 2Q20 performance to reported

Commercial Operation Date (COD) was on June 4, 2010. The buying rate is in accordance with the standard buying rate of PEA, the price may vary according to the policy of PEA. The plant is located at Amphur

1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE In