The costs of services decreased by 27.8% from the six months ended of year 2019 to THB 785.4 million for the six months ended of year 2020. The decline in costs of services was largely consistent with

year. The decline in total revenue was chiefly attributed to (i) revenue from hotel operations that decreased by THB 1,700mn (or 88.8%) YoY to THB 214mn due to the aforementioned impacts of COVID-19, and

acquired in the third quarter of 2020. In addition, sales of municipal solid waste power plant increased from revenue recognition of municipal solid waste power plant in Krabi which started its commercial

assets while new depreciation from 5G asset gradually increase after continuing expanding 5G network capacity. Overall SG&A showed a decline of -6.7% YoY with marketing expense dropping -20% YoY reflected

year. The quantity of Sales was increased 9.8% while the average of selling price was down according to the decline of market steel price. Hereby, the cost of goods sold was Baht 4,989.97 million which

earned premiums will tend to decline. Yours sincerely, (Mr. Somboon Fusriboon) Managing Director /home/nsi/Desktop/SET/1Q_2017 reviewed financial statement.odt

declined from 63.48% to 58.46% mainly because the Company had adjusted the premium rate and condition of some non-motor policies. The overall loss ratio therefore was in decline. 2. Net investment revenue

the notification of the registrar. The ratio of net claim expense over eared premium of some voluntary motor policies moreover increased, the profit for the period therefore was in decline as mentioned

quarter in 2017. The reason of a decline of total revenue in the consolidated financial statement is the result of the reduction of advertising budget amount of THB 39 million from the client of a

bondholder representative analyze the benefits and shortcomings as well as the potential impacts on the bondholders both in cases of approval and decline of approval for the above matters with respective