equipment rental, while SG&A was flat and dropped QoQ as marketing activities slowed down. EBITDA (pre-TFRS16) was Bt19,576mn, increased 3.8% YoY and 1.1% QoQ with a margin of 45.7%. Net profit (pre- TFRS16
reduce headcount as well as deploy Work-From-Home protocols to mitigate the risk of outbreak. To combat the COVID-19 situation, the Company plans to mitigate the impact on revenue and profitability through
increased degree of uncertainty in global economies and trade policies, businesses may have to contend with Thai Baht volatility and rising interest rate trends. Acting upon our strategy of strengthening
decelerating rate due to slowdown in external sector and manufacturing production at home. Meanwhile, private consumption which continued to expand was derived mainly from increased expenditures on automobiles
previous quarter. The improvement could be attributed to net interest income which increased by Baht 326 million or 1.27 percent. Net interest margin (NIM) stood at 3.34 percent. Non-interest income also
and mortgage-backed securities will be allowed to roll off gradually without reinvestment, in order to reduce its massive balance sheet. Meanwhile, the Eurozone, Japan and several other Asian countries
. Meanwhile, tourist arrivals increased by 7.5 percent, softening from 9.4 percent growth in 2017. This was largely due to a fall in Chinese tourist arrivals during the second half of the year, notwithstanding
compared to the year before. Net interest income increased by Baht 4,150 million or 4.21 percent due mainly to interest income from loans and investments. Net interest margin (NIM) therefore stood at 3.31
and near market value Payment term By cash with 180 days of credit term The reason To reduce the idle equipments in order to create maximum benefits for the Company and its subsidiary, CCET sold the old
in Asia. Overall Sales have increased despite lockdown in various countries with COVID19 reinforcing essentials nature of our business. Lower oil prices have led to an improvement in earnings of our