considers the business restructure of the Company for purpose of handling the impacts from the downturn of the current economy, including the downturn of several industries other than the main businesses of

by 9% from 3Q/2018. On the other hand, it decreased from 2Q/2019 by 16% because the market had concerned on global economy uncertainty. In summary, market for 9M/2019 versus 9M/2018, crude palm kernel

) measured at amortised cost  Adoption of TFRS 16 requires the recognition of right-of-use assets and lease liabilities Overall market environment The Thai economy for 1Q20 continued on a declining trend

Page 4/20 Economic Overview and Competition among Commercial Banks In the first quarter of 2020, Thai economy highly contracted from the same period last year as the COVID-19 pandemic has caused

Industry In the first quarter of 2021, Thai economy continued to contract when compared to the same period last year, due to the new wave of the COVID-19 outbreak and containment measures strictly

Phatra Securities Plc. for 1Q21 was at 10.84%, continuing to rank 1st from total of 38 brokers. Overall market environment The Thai economy started out at a slow pace in January 2021 due to the resurgence

financial reporting standards. Overall market environment The Thai economy for the first quarter of 2020 continued on a declining trend comparing to last year due primarily to the COVID-19 outbreak which

such as the closure of some businesses, temporary reduce or change the working hours and the implementation of social distancing. These situation and measures have widely impacted the world economy many

V3 10/05/61 16:26 น. 0 V3 10/05/61 16:26 น. 1 Management Discussion and Analysis Overview of the Economy and Banking Thai Economy in the First Quarter of 2018 The Thai economy in the first quarter of

accordance with sufficiency economy philosophy. Completed projects, newly launched projects and backlog in 2018 1) Completed projects in 2018 The Company and subsidiary companies completed the total of 11