to: • Decrease in financial cost of THB 17 Million consequent to debt reduction programme. • Net gain from exchange rate of THB 71 Million resulting from the strengthen in Thai Baht, whilst last year

global economy volatility impacted to Thai Baht appreciation against major currencies, i.e. USD, have had negative effect to the export business while the importer took this opportunity importing products

growing less than expected and moreover Thai foreign exchange rate of the Baht was appreciate that cause Financial Institutions Policy Committee announce to decrease the policy rate to 1.25% per year that

‘station sponsorship’ campaigns on 3 stations of the BTS Skytrain network (AIS at Siam station, McDonald’s at National Stadium station and Netflix at Phaya Thai station). The campaigns illustrate how we

managing the kiosk location, adding new services to the system such as traffic fine payment service with the Royal Thai Police, GMM’s content selling service, SIM Card selling with electronic-Know-Your

28 December 2020. However, sales of Natural Gas Power Plant decreased by Baht 48.5 million or 10.3% from decrease in unit rate, which is adjusted in line with the decline in average natural gas price

V2 12/11/62 0 V2 12/11/62 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in the Third Quarter of 2019 The Thai economy in the third quarter of 2019

conjunction with the consolidated financial statements and notes to financial statements. If not defined otherwise, all financial information presented in this document are in Thai Baht. The company presented

spare part and equipment. Net loss, cause from the epidemic of COVID-19. Steel demand decrease and lead to price reduction. The difference between selling price and raw material cost per ton (Metal spread

situations. Another factor of economic slowdown was the drought directly affecting agricultural products as well as their decreasing prices, causing the decrease of the domestic market’s main purchasing power