still expects that the BOT will maintain the policy rate at 1.5% until the end of this year. For the auto industry, expansion continued during the third quarter for both the passenger and commercial

results of a low base of the previous year, the new car purchase as a result of the end of the first car scheme and continued promotional activities in the auto industry. The Bank in-house research

(37.44) (25.27) Total shareholders’ equity 290.04 72.38 296.99 66.72 (6.95) (2.34) Assets At the end of 2019, SAAM Group presented total assets of THB 400.73 million, mainly comprising property, plant and

% 445.12 100.00% (21.44) 4.82% Total liabilities 122.41 28.89% 148.13 33.28% (25.72) 17.36% Total shareholders’ equity 301.27 71.11% 296.99 66.72% 4.28 1.44% Assets At the end of Quarter 1 of 2019, the SAAM

296.99 66.72 2.39 0.80 Assets At the end of Quarter 2 of 2019, the SAAM Group presented total assets of THB 416.93 million, mainly comprising property, plant and equipment (PPE) including solar power

) 104.10% EBITDA 23.99 (285.67) 108.40% Net Profit (Loss) (317.93) (826.32) 61.52% Profitability For Year End + (-) For Year End 3 | MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR 2020 Major revenue of The

) (8.51) Total liabilities 113.90 27.97 148.13 33.28 (34.24) (23.11) Total shareholders’ equity 293.35 72.03 296.99 66.72 (3.65) (1.23) Assets At the end of Quarter 3 of 2019, the SAAM Group presented total

7.76% Total liabilities 133.21 30.85% 110.69 27.62% 22.52 20.34% Total shareholders’ equity 298.60 69.15% 290.04 72.38% 8.56 2.95% SAAM Energy Development Public Company Limited - 5 - Assets At the end

27.62% 17.30 15.63% Total shareholders’ equity 296.61 69.86% 290.04 72.38% 6.58 2.27% SAAM Energy Development Public Company Limited - 5 - Assets At the end of Quarter 2 of 2020, SAAM Group presented

was THB 9.3 million, decreased by THB 11.6 million or 55.7% when compared to the same period of prior year. It mainly decreased by the customers of Government and State enterprise sector which end of