. Business outlook for Q2/2020 was expected that the Thai economy would be contract appreciably from the impact of the COVID-19 pandemic and the ongoing drought, which are expected to clearly affect income and
in a decrease in the cost-to-income ratio, which stood at 42.52 percent. KBank has set aside higher allowance for impairment loss on loans, in line with uncertainties from the ongoing economic slowdown
strong financial flexibility. By preserving cash flow, we ensure that we have the financial flexibility to lead, compete, and pursue growth prospect in any changing circumstances. The dividend payment
due to the decreased in revenue from solar cell implementation service from Combine Heat and Power Producing Company Limited (CHPP) as well as the decrease in revenue from chilled water following the
policy. Moreover, in the first quarter of 2020, the Company has an additional provision in accordance with the new Financial Reporting Standards (TFRS 9) coupled with provision for future impact of ongoing
, which had delivered project in the previous quarter. In addition, the large projects in 2020 were less than those of 2019 which the Company had delivered major projects which had been ongoing from
importance on maintaining strong financial health and flexibility to pursue future growth. Our dividend policy is to pay a minimum of 70% of net profit . By preserving cash flow, we ensure that we have the
to pursue future growth. Our dividend policy is to pay a minimum of 70% of net profit . By preserving cash flow, we ensure that we have the financial flexibility to lead, compete, and pursue growth
returns to shareholders. We place importance on maintaining strong financial health and flexibility to pursue future growth. Our dividend policy is to pay a minimum of 70% of net profit. By preserving cash