digital channels, net fees and service income were close to the level of the previous year due to good growth in fee income from bancassurance and mutual funds. The ratio of expenses to operating income was

the Company was 5,982.2 million baht, decreased by 1.2 percent from the same period in the previous year, mainly due to a slight decline in airline performance by 2.5 percent from highly intense

year. This is due to the lower sales than in the same quarter of the previous year, affected by the higher intensive competition in stainless steel pipes aluminum and copper in the market and resulting

the same period of the previous year. This was due to lower sales compared to the same quarter of last year, mainly due to the fact that some special projects using galvanized steel and alumina in the

increased from previous quarter by 4.24%, mainly due to new spray service, gross profit increasing and selling & administrative expenses decreasing. The company focuses on the sustainable growth, thus, set up

3.2 percent from the previous forecast of 3.3 percent due mainly to an anticipated slowdown in developing countries and emerging economies, in particular, China, India and ASEAN. The Federal Reserve and

during Jan to May 2020 decreased by 3.2% from the usage during the same period of the previous year. Demands from industrial and business sectors dropped due to global economic slowdown as a result of

by 23% compared to the same period at the previous year. It mainly due to the change in business model of beauty services company. Selling and Administrative expense as % to sales in Q3/2018 was 30.1

million, an increase of 3.0 percent from the previous quarter, due to an increase in loan in all business units. The non- performing loan (NPL) ratio was at 3.4 percent with strong loan loss reserves to NPL

29.40 million or an increase of 13.20 percent from the same period of previous year, due to effective management of production cost and selling expenses. (2) Analysis of Operating Results and