accelerate in line with domestic car sales. However, commercial banks remained tighten credit standards on loans to SMEs as their concern on a deterioration in debt serviceability especially weak financial
. Plus the effect of Assets usage rights increased following the financial reporting standards no.16 Lease agreement that was announced in 2020. With the decreasing in land properties and equipment of 5.08
THB mm • Write off investment in Skoop and The Alley, Chiang Mai Branch 1.5 THB mm • Effect of compliance the Thai financial reporting standards, No. 9 and No. 16 costs by 0.5 THB mm. For the three
Company’s statements of financial position as of March 31st, 2020 compared to that of December 31st, 2019. The impact of the new financial reporting standards The adoption of Thai Financial Reporting
of the previous year (Quarter 1 of 2019: THB 3.25 million), mainly due to the amortization of asset right of use following adoption of the Thai Financial Reporting Standards: TFRS 16 on Leases, which
(Quarter 2 of 2019: THB 6.40 million), mainly due to the amortization of asset right of use following adoption of the Thai Financial Reporting Standards: TFRS 16 on Leases, which added to the land lease
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