overall of the Company’s performance can be summarised as follows: (Unit : Thousand Baht ) Performance (Income Statement) 2019 2019 Increase/(decrease) % Income Income from Sale of Goods 364,354 190,462
) measured at amortised cost Adoption of TFRS 16 requires the recognition of right-of-use assets and lease liabilities Overall market environment The Thai economy for 1Q20 continued on a declining trend
financial reporting standards. Overall market environment The Thai economy for the first quarter of 2020 continued on a declining trend comparing to last year due primarily to the COVID-19 outbreak which
-2495-1366 Website: www.kkpfg.com http://www.kiatnakin.co.th/ 2 Overall Business Operations The Bank continued to deliver solid performance during 1Q21 with the consolidated net profit of the Bank and
person or group of persons holds investment units in the amount exceeding the said limit, asset management company will be prohibited from distributing dividend and counting vote in the excess portion. The
industry sector and tourism industry sector were main drivers, to support the overall Thai economy. Moreover, the inflation rate increased 0.8 percent while the unemployment rate remained under 1.0 percent
, which is partly due to global economic recovery, as well as the growth in exports of electronic goods which supports Internet of Things (IoT). Private consumption expanded at a moderate pace as overall
our overall offerings to consumers through our logistics platform. During the quarter, VGI partnered with Kerry Express to soft launch smart sampling through Kerry Express’ network. Our smart sampling
and the increasing in competition among entrepreneurs under the situation of excess supply from products and raw materials coming in from various countries. Therefore those factors have been affecting
forecast. Although short-term economic stimulation measures from the government benefited private expenditure, but could not make a positive change to the overall GDP. (Source: Bank of Thailand). Thailand’s