decrease was driven by the COVID-19 pandemic and an increase in employee benefit according to the new labour protection act effective in 2Q19. However, the Company had the positive impact on EBITDA of Baht
household debt remained elevated, economic expansion had yet to benefit household income in a broad-based manner, and the low level of some agricultural price resulting in a gradual improvement. Private
payment. Quarter Quarter Quarter 2/2019 1/2020 2/2020 Current ratio 0.61 0.57 0.61 Debt to Equity ratio 1.84 2.13 1.91 Interest Bearing Debt ratio 0.79 0.78 0.85 Return on Asset 15.5% 16.1% 15.2% Return on
53.5% 65.2% Return on Equity 19.8% 22.2% Debt/Equity Ratio 0.70x 0.66x Net Interest-bearing Debt/Equity Ratio 0.58x 0.57x 1 Net profit margin is calculated by dividing the Net Profit attributable to
company would like to update the progress of debt restructuring as followings; From early of 2016, the Company was contacted by Asia Credit Opportunities I (Mauritius) Limited (“ACO I”), the juristic person
of various customer groups by offering the return of an investment incentives and various benefits for the customers which is boost the competitive of the bank. In addition, the bank holds various
groups by offering the return of an investment incentives and various benefits for the customers which is boost the competitive of the bank. In addition, the bank holds various recreational activities to
Company Limited Management’s Discussion and Analysis (MD&A) Page 13 of 18 (1) Return on assets and return on equity are calculated based on net profit in the last twelve months (2) Interest bearing debt to
response to reduction of protected deposit amount by the Deposit Protection Agency and to provide more investment alternatives for the fund by allowing investment in sukuk and Islamic deposit. 1. Revisions