investment properties increased by 45%, compared to the same period of last year. Because, on 6 November 2015, the Company sold assets to WHA Business Complex Freehold and Leasehold Real Estate Investment

(TFRS 9), reflecting to the mark-to-market of financial instruments in associates of power business. 3. Decrease in Trade and other receivables (net) of THB 440.0 mm, because of the dividend income from

g e | 10 2020 Outlook 2020 definitely a very challenge year for our company and in tourism business which is on the verge of the world’s economic slowdown, the destabilization of international trade

for our company and in tourism business which is on the verge of the world’s economic slowdown, the destabilization of international trade underpinned by US trade policies, as well as the continued

2018 primarily due to the US-China trade war and global uncertainty contributed negative impact on export growth. The growth of credit card business in Thailand continue expansion due to overall economic

for 9M19 since it caused the drop in revenue with the cost of employees of Dusit Thani Hotel Bangkok. However, the Company sold the long-term investment and recorded the profit in 2Q19 as per Business

the profit in 2Q19 as per Business Plan to alleviate the impact from the closure. For the staffs of Dusit Thani Hotel Bangkok, the Company allocates them to new businesses which has been expanded since

last year mainly attributed to increase in Disposal Asset Group classified as held for sales of Power Plants business unit in the amount of THB 149.44 million. After considering the certainty of disposal

slowed down. In addition, Thai economy still faces external risk such as trade war between US and China and global economic uncertainty. As of August 31, 2019, the Company’s total cards reached 8.75

noteworthy that our revenue growth outperformed the industry growth in terms of production volume which declined 6.0% due to the following reasons: 1) Automotive Parts Business; Higher order, new product