subsidiaries had a net increase in cash and cash equivalents increased by Baht 1,487 million or 35% from year end 2017 largely resulting from the increase in cash flow from operating activities: Cash flow from

, due largely to a decrease in borrowings under repurchase agreements. Debt issued and borrowings amounted to Baht 147,693 million, increasing from foreign exchange rates. Million Baht Item March 2020

housing project. Hence, the residential transfers for the year has largely met the Company’s. In 2019, total costs stood at THB 18,086 mn, a 9.9% increase YoY. Total Costs In 2019, the Company reported

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2020 The Thai economy in the first quarter of 2020 sank into a recession due to the COVID-19 pandemic. Economic activity was crippled almost across the board in light of lockdown measures implemented in several countries to contain the viral transmission. Financial markets went into a tailspin, whereas turbulence was seen in manufacturing, service and tourism sectors,...