and non-interest income to operating income continued to stand at about 57 percent and 43 percent, respectively, and were at similar levels to the same period last year, as a result of the Bank’s
and head office levels have been identified based on the lower scalability of business operations and employee reallocation plan. Furthermore, the Company engaged with its business partners to realign
organization levels were controlled following the cost reduction initiative to combat COVID-19 situation. In addition, put off 2020 capital expenditure plan to prepare sufficient liquidity amidst uncertainty
other person(s) or has other person(s) hold on his behalf. 6 In case of complex shareholding structure of the reporter or concert party in a juristic person under Section 258, for example multiple levels
case of complex shareholding structure of the reporter or concert party in a juristic person under Section 258, for example multiple levels of shareholding structure, structure and proportion of
tracking the risk management results, to find out that they are controlled and managed in the acceptable levels. From the following reasons concluding that the operating results of the Company in the year
beginning of the year, depressing farm income and the purchasing power of farm households, which represent a majority of the population. Coupled with high levels of household debt, these factors limited the
find out that they are controlled and managed in the acceptable levels. From the following reasons concluding that the operating results of the Company of year 2017 decreased comparing to last year. For
transaction. If this impact is removed lower SG&A costs compared to Q1 2017 is a result of reduced headcount across all levels including management. However, on the COGS side apart from normal inflation fuel