profit was Bt104.3mn, decreasing 28.2% YoY • Total revenue from core business was Bt667mn, decreasing 17.1% • Banking agent business (of which the Company is the agent for 6 commercial banks: KTB, KANK
the establishment of S Prime Growth Leasehold Real Estate Investment Trust (SPRIME) – the first leasehold commercial REIT of S invested in a 30-year lease of office space of Suntowers Building with fund
addition, sales of Municipal Solid Waste Power Plant increased by Baht 49.8 million or 69.7% from revenue recognition of Municipal Solid Waste Power Plant in Krabi which started its commercial operation on
that the Bank of Thailand’s monetary policy stance will remain accommodative in the period ahead and future policy rate increases will be gradual. Thai Banking Industry in 2018 In 2018, commercial banks
likely that the Bank of Thailand could further lower the policy rate in 2020 on the back of a deteriorating economic outlook. V3 27/02/63 2 Thai Banking Industry in 2019 In 2019, commercial banks in
economic environment in the third quarter continued to pose a challenge for commercial banks’ business operations so lending and deposits continued to grow at a slow pace. As deposits grew at a higher rate
the majority of the population. Thai Banking Industry in 2017 In 2017, commercial banks in Thailand maintained their good performance with adequate capital to support their business operations. The
which started in November 2019 amounted of Baht (14.3) million. SDWTP started commercial services at the beginning of 2019 with installed capacity of 150,000 cubic meters per day (Phase 1A) and additional
Management’s Discussion and Analysis For the Financial Results of Quarter 2 Year 2017 Ended June 30, 2017 1 ABBREVIATION ADB = Asian Development Bank COD = Commercial Operation Date EBITDA = Earnings
District, Ratchaburi Province with Electricity Generating Authority of Thailand. The agreement is effective from the execution date until the 25 th year from the commercial operation date. The project is a