the new facility which was submitted to the Central Bankruptcy Court for an approval. Once the new loan is approved, the Company will be able to continue its production continuously as per budgeting
foreign exchange loss, mainly come from USD loan at asscociate companies in Power business, and resulting into Net Profit of Baht 43.5 million, 89.8% decrease from 1Q2019. Significant Events in 1Q2020
Thailand’s economic expansion. However, the commercial banks remain cautious in lending as the loan quality continued to deteriorate especially SME loans reflecting the impact of past economic slowdown. The
. Also, there were concerns about pockets of risks in the property market, further accumulation of household debt, and debt serviceability of SMEs, especially those affected by changes in structural
% 116.65 9.46% Total current assets 1,689.21 65.31% 1,767.94 66.37% 78.73 4.66% Restricted bank deposits 151.90 5.87% 178.90 6.72% 27.00 17.77% Property, plant and equipment 454.47 17.57% 452.91 17.00% (1.56
65.81% 50.36 2.98% Restricted bank deposits 151.90 5.87% 178.90 6.77% 27.00 17.77% Investment property 36.56 1.41% 24.87 0.94% (11.69) (31.98%) Property, plant and equipment 454.47 17.57% 453.93 17.17
for the Second Quarter ended 30 June 2018 Page 4/19 For the banking sector in the second quarter of 2018, overall commercial bank loan growth accelerated, loans to SMEs and hire purchase improved
their continue concern on loan portfolio quality. Although the deterioration in credit quality affected profitability, but Thai commercial banking system’s remained sound as banks continued to closely