right of use following adoption of the Thai Financial Reporting Standards: TFRS 16 on Leases, which added to the land lease amount from the previous year. In Quarter 3 of 2020, SAAM Group’s gross profit
launch in Q3 last year now exported to Argentina and South Africa in addition to production for Thai market at the start, continued order from overseas customer and management’s effort to diversify into
durable goods. The Thai economy hence showed ongoing improvement from the first quarter. Nonetheless, the economic expansion, which was still limited and uneven, affected the performance of KBank and our
underpinned by US trade policies, as well as the continued appreciation of Thai Baht against other currencies in ASEAN. Furthermore, the recent outbreak of coronavirus disease (COVID-19) that was first reported
the appreciation of the Thai Baht has led to the destination shift among the country’s target tourists. These factors have, undoubtedly, put pressure on the hospitality industry, which is the main
; however, an increase in selling and administration expenses as a result of the opening of Baan Dusit Thai and consulting expenses for other projects in progress caused the negative impact to EBITDA
enhancing the competitiveness of Thai financial institutions to enable them to offer a wide range of products and services at fair prices while supporting regional trade and investment with good governance in
ordinary share. In this regard, market price per share of the Company’s ordinary shares under the Terms and Conditions of MACO-W2 means trade value of the Company’s ordinary shares, divided by the number of
unit of warrant for 1 ordinary share. In this regard, market price per share of the Company’s ordinary shares under the Terms and Conditions of MACO-W2 means trade value of the Company’s ordinary shares