was the main balance in total current assets, the management still believes that the Company could collect debt from the main customers based on the past experience. 3. Summary of financial position of

, Carabao Group Public Company Limited (the “Company” or “CBG”), are pleased to submit management discussions and analysis regarding consolidated financial performance and position of the Company and

the company still has the ability to not cause significant losses in the midst of the current economic and epidemic crisis of Covid-19. 4 Financial Position: Consolidated Financial Statements 1. Total

the amounts recognized in each line item in the statement of financial position upon the adoption of the financial reporting standard related to financial instruments (TAS 32, TFRS 7 and TFRS 9) and

power and increased price competitiveness. For the business outlook for Q3/2020, the trend of the Thai economy is expected to contract compared to the same period of 2019 from the COVID-19 pandemic

. Business outlook for Q2/2020 was expected that the Thai economy would be contract appreciably from the impact of the COVID-19 pandemic and the ongoing drought, which are expected to clearly affect income and

downwards the 2020 GDP forecast in their Monetary Policy Report, saying the economy was likely to contract by 8.1%. Although Thailand has successfully controlled the spread of COVID-19 so far, leading to a

. The consolidated statement of financial position as at 31 December 2017, the consolidated statement of comprehensive income, the consolidated statement of changes in equity, and the consolidated

2020. The customer retention strategies included a providing a variety of contents, value-added services, and a long-term 24-month service contract. Emphasis was also placed on enhancing service quality

from 2.3% in the second quarter of 2019, mainly driven by expansion of private consumption, government spending and tourism sector. Meanwhile, exports sector continued to contract caused by uncertainty