) measured at amortised cost  Adoption of TFRS 16 requires the recognition of right-of-use assets and lease liabilities Overall market environment The Thai economy for 1Q20 continued on a declining trend

2020 MD&A 6  We are seeing a trend in industry that due to poor margin number of cracker, PO/MTBE projects have been delayed to conserve cash; this will help to restore the margin to replacement

. The Company has speeded up this project in responsive of promising New Normal demand due to the future trend of tourism industry. Should the domestic tourism have been recovered from government stimulus

financial reporting standards. Overall market environment The Thai economy for the first quarter of 2020 continued on a declining trend comparing to last year due primarily to the COVID-19 outbreak which

of WINNER; 4) 4 stores of Trend Design; 5) 2 stores of Bo Concept; 6) 1 store of MOMENTOUS; and 7) 19 stores of overseas franchise Index Living Mall in 8 countries. Management Discussion and Analysis

quality while enhancing efficiency and productivity. Enterprise services rise on economic certainty and continual digital transformation trend Non-mobile enterprise business reported revenue of Bt1,821mn

Rayong Central Utility Plants (CUP) as well as the downward trend of average steam selling price of CUP and IRPC Clean Power (IRPC-CP). • Very Small Power Producer (VSPP) and other: The gross profit

seasonality trend of the third quarter of every year, and increased by Baht 3,686 million or 269% from Q3/2018 after the acquisition of GLOW. The adjusted net income was at Baht 1,542 million which reflects the

or warranty, express or implied, as to the accuracy or completeness of the information contained in this document or otherwise made available nor as to the reasonableness of any assumption contained

, express or implied, as to the accuracy or completeness of the information contained in this document or otherwise made available nor as to the reasonableness of any assumption contained herein or therein