E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction
% (106) 46 -328% Profit (loss) attributable to equity holders of the parent*** (143) 28 -609% (273) 286 -195% %Net Profit Margin (9.8%) 1.8% - (5.1%) 4.8% - Depreciation and Amortization 50 44 +15% 231 181
Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between the two languages, the Thai version shall prevail
Thai and English) 2. Management Discussion and Analysis (MD&A) for the year ended December 31, 2017 (a copy in Thai and English) 3. Company's performance report, Form F45-3 for the year ended December 31
in line with thriving exports, and capital inflows into Thailand’s debt and equity markets, which was consistent with fund inflows seen in other emerging markets. Given these, the Thai Baht
growth of the business since 2018 and the fact that the Thai Baht value appreciated against US Dollar, the Company had loss on exchange rate, resulting in a decrease in net profit ratio (ROS) from 20.41
follows. Overview The Thai economy in the first quarter of 2019 expanded by 2.8%, compared to a growth of 3.6% in the previous quarter, according to data from Bank of Thailand and NESDB. This was mainly
+ %')'#+"#$./+.'* !#[/+(#$PKL ,"' #$./+.'* % *#%"O* (cost income ratio) +" 58% %!' )'#+"#$O*./+bK$% *#%"O*P K 91% .')"#" &'.#% &P* M)* (return on equity) !+ %'#$./+.'*̀?#! #" !()*&'.#%&P* M)*P#$ 'M'#$./+.%O**! #" .''#$O*./+ ' 9
growing less than expected and moreover Thai foreign exchange rate of the Baht was appreciate that cause Financial Institutions Policy Committee announce to decrease the policy rate to 1.25% per year that