premises and equipment expenses and other expenses, which mainly from expenses for developing working systems and improving efficiency of business operations, and marketing expenses. In the first half of

agreed with external persons/ parties. 6. Vitaya Leelawat, M.D. 6.1 The Company hired Vitaya Leelawat, M.D. as an advisor for the proactive operations. Consultant remuneration Outstanding of Payables at

items: 1) Net cash received from Operating Activities totaling Baht 478.68 million Baht from the net income netting off with the changes in assets and liabilities from operations 2) Net cash used in

operations. - Revenue from sale SAAM Group’s revenue from sale of electricity is generated from a 2.0 MW solar power project in Thailand which is operated by SAAM-SP1. For the year 2018, electricity sales are

” or “our” or “us”) would like to inform management discussion and analysis for its results of operations from the consolidated financial statements for the year ended December 31, 2018 as follows

end of 2018 to Bt4,739 million as of December 31, 2019; short-term debt as well as trade and other current payables decreased due to increased cash flow from operations; long-term debt increased to

business to grow 40-45%  Target lending amount Bt500-800mn Operations  Efficient kiosk location management and adding new services.  To add at least 1 more commercial bank from current 6 bank on the

generate new sources of revenue. Banking operations were also continuously improved to reduce costs. On the regulatory front, the Bank of Thailand implemented a macroprudential policy to regulate the Loan-to

operations and water management project. 11. Tax expenses in the year 2019 was Baht 0.28 million while there was Baht 3.25 tax income in the year 2018. It is increased by Baht 3.53 million from increasing of

“we” or “our” or “us”) would like to inform management discussion and analysis for its results of operations from the consolidated financial statements for the years ended December 31, 2019 as follows