severely at 60.0 percent, followed by the Middle East and Africa with 50.0 and 41.5 percent drop respectively. In addition, visitors from almost all regions started to show huge slowdown since February

impact from TFRS 16, the Q1/2020 finance costs would be almost the same as Q1/2019. Interest-bearing debt at the end of Q1/2020 was Baht 7,073.2 million, increased by Baht 2,323.7 million or 48.9% from

$/BBL, a decline of 19.69 $/BBL, or a decline approaching of almost 40% from the previous quarter. This has affected the performance of the refinery business. Moreover, the Thai economy, especially

-performing loan (NPL) to total loans was 2.9 percent, nearly the same level as at the end of 2017. The Bank of Thailand’s Senior Loan Officer Survey indicated that in the second quarter of 2018, credit demand

year. As the loan quality was relatively stable, the ratio of gross non-performing loans (NPL) to total loans was 2.9 percent, nearly the same level at the end of 2017. The Bank of Thailand’s Senior Loan

need for working capital has slowed down, while demand for household credit increased in almost all categories except home loans. Looking ahead, financial institutions predict that demand for business

2017 continued to recover with exports and tourism as the main drivers. Exports grew by 12.5 percent from the same period last year across almost all products and markets, with the benefits now flowing

to add almost 40 new outlets during Quarter 4/2017. As such, all these positive factors are expected to drive both increased growth for both Same-Stores-Sales (SSS) and Total-Systems-Sales (TSS), that

reserve to total NPLs ratio (coverage ratio) is at 109.8%, almost at same level of 110.1% at the end of 2016. Corporate Income Tax totaled Baht 1,190 million or 17.1% tax rate. Basic earnings per share at

2017 remained almost flat, with higher production following the acquisitions of Glanzstoff and DuraFiber offsetting lower production in Indonesia due to technical issue and with the im- pairment (approx