specific law, the Industrial Finance Corporation of Thailand, a finance company or credit foncier company; (c) a treasury bill, Government bond, state enterprise bond, Bank of Thailand bond, Financial

3 VIII. OPERATING AND FINANCIAL REVIEW AND PROSPECTS 5 IX. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES 6 X. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS 7 XI. INTERESTS OF EXPERTS AND COUNSEL 8

) Steady growth in private consumption from stimulus packages and recovering agricultural product prices from production expansion and 4) Other supporting factors, such as government spending and other

relevant government agencies or relevant authorities, e.g. governments and relevant authorities in various countries, the Office of the Securities and Exchange Commission, the SET, financial institutions

(FIDF). Net interest margin (NIM) therefore stood at 3.49 percent. Meanwhile, other operating expenses decreased by Baht 3,695 million or 17.45 percent, over- quarter. As a result, our cost to income

overall economic conditions have dampened consumers’ spending, despite a spate of government stimulus measures such as the state welfare card and the ‘Eat, Shop and Spend’ project in the second half of 2019

2204 2616 memorandum, or other documents, and to contact with relevant government sectors, such as Bank of Thailand, the Securities and Exchange Commission, the Stock Exchange of Thailand. In addition

for the benefits of the Company including, but not limited to, signing of agreement, memorandum, or other documents, and to contact with relevant government sectors, such as Bank of Thailand, the

-agricultural sector, which was partly supported by government measures. Although the number of overseas tourists was stable, there was a decline in the export sector which has been affected by the trade dispute

number of tourists continued to decline since Chinese New Year, coupled with the government measures against the pandemic, e.g., inbound travel ban, department store closure and curfew, thereby causing