and near market value Payment term By cash with 180 days of credit term The reason To reduce the idle equipments in order to create maximum benefits for the Company and its subsidiary, CCET sold the old

securities registered with the Thai Bond Market Association; “Thai Bond Market Association” means the Thai Bond Market Association licensed by and registered with the SEC Office. The terms, “credit rating

institution or at a particular interest rate and without any condition for returns that relies on other underlying. Clause 27 An approved foreign entity shall provide for credit rating by a credit rating agency

. As a result of the aforementioned circumstance, the Company recorded net loss of THB 179mn in this quarter, a decrease of 571.1% YoY with a net loss margin of 35.0%. MANAGEMENT DISCUSSION & ANALYSIS 1Q

circumstance, the Company recorded net loss of THB 161mn in this quarter, a decrease of 497.1% YoY with a net loss margin of 31.7%. EBITDA for this quarter is a negative of THB 44mn. 1 Bank of Thailand

the responsible person of such scheme. “ credit rating ” means the credit rating by a credit rating agency accepted by the SEC Office which estimates the capability to make repayment under instruments

the responsible person of such scheme. “credit rating” means the credit rating by a credit rating agency accepted by the SEC Office which estimates the capability to make repayment under instruments or

Management and Risk Factors 8 2.1 Overall Risk Management 8 2.2 Risk Management 11  Credit Risk Management 11  Market Risk Management 15  Liquidity Risk Management 17  Operational Risk Management 18

materiality. TRIS informed RML that TRIS downgraded the RML credit rating to "BB+" (Double B Plus) from "BBB-" (Triple B Minus) and the rating outlook is revised to "Negative" from

guarantees 13 the COVID-19 situation and the increased in outbreak during 1Q21 onwards, the Bank continues to prudently set up provisions for expected credit losses, including additional management overlay