. Similarly, demand for housing loans and credit card loans is expected to decline further. In 2020, commercial banks should focus on assisting debtors, especially within the SMEs sector, in accordance with the
Page 4/20 Economic Overview and Competition among Commercial Banks In the first quarter of 2020, Thai economy highly contracted from the same period last year as the COVID-19 pandemic has caused
, , or 311.3%, mainly due to The Group has acquired Park Origin Co.,Ltd (formerly known as “Proud Residence Company Limited”) on October 2nd, 2017, and short term and long term loans from banks, trade and
, and Investments in joint ventures. As for liabilities, an increase of 1,889.1 million baht, or 11.4%, mainly from หนา 5 ของ 5 long-term debentures, and short term loans from banks. These were done as
banks. Shareholders as of December 31st, 2019. The Group has an increase of Shareholders’ Equity amount of 2,132.5 million baht, or 24.2%, compared to the year 2018 (December 31st, 2018) mainly from the
2016 had the amount of 17.82 million baht, because of corporate income tax of year 2017. Had restricted cash at banks 42.72 million baht, an increase of 39.60 million baht, and compare to the same
costs were comprising of an interest paid to banks and interests paid in accordance with hire-purchase agreements for year 2016. Finance costs were decreased by Baht 9.43 Million or 20.7 percent compared
Finance costs comprise interests paid to banks and interests paid in accordance with hire-purchase agreements. For the 1st quarter of 2016, finance costs decreased by Baht 1.79 million or a 15.07 percent
amount of 7,502.8 million baht, an increase of 3,487.9 million baht, or 86.87%, mainly due to The Group’s ability to gather funds from long term loans from banks, trade and other payables, and bill of