stores, have led to a severe contraction of the Thai economy in the 2nd quarter of 2020 which is expected to be the deepest recession ever recorded. On 8 July 2020, the Bank of Thailand further revised

sector the Thai economy continues to outperform with Q2 growth at 4.6% slightly below Q1 but remaining strong. Private consumption growth was robust in July and August, supported by higher consumer

quarter. C Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1 Global and Thai Economy in the Second Quarter of 2019 1 1.2 Banking Industry and Competition 2 1.3 Significant

of Thailand and Office of the National Economic and Social Development Board data (NESDB), Thai economy in 2020 expanded by 2.4%, decreased from 4.2% in previous year. This was because the global

decrease of 43 million baht or 2% compared to 2015, and earning per share (EPS) of 9.61 baht per share. The operating performance is summarized as follows; Overview Overall, the Thai economy in 2016 expanded

noteworthy that our revenue growth outperformed the industry growth in terms of production volume which declined 6.0% due to the following reasons: 1) Automotive Parts Business; Higher order, new product

securities on the SET and start trading on the 15 December 2017. The conversion of DTCPF to DREIT is a part of the Company’s business plan to strengthen financial capability. Dusit Thai Properties PCL, the

parts businesses and 26.1% increase in dealership businesses respectively whilst industry production was up by 9.7%. The increase in revenue was due to the following reasons: 1) Automotive Parts Business

customers are well known and have good reputation in the IC, and electronics industry. Provision is made of amounts outstanding over 90 days and amounts which the management believe may be doubtful. Accounts

Analysis for the year 2019 Thai Energy Storage Technology Public Company Limited (the “Company” or “3K-BAT”) hereby submits Pro forma consolidated financial information for the year 2019. Because the Company