had allowances for doubtful debts in the amount of Baht 3,947.5 million, increased by Baht 184.3 million or 4.9% when compared to the year 2018. TFRS9 is effective for fiscal years beginning on or after

COVID-19 outbreak globally since the beginning of the year. Given the outbreak situation, the Company announced a temporary closed of 2 hotels since April 2020 and took the opportunity to accelerate the

and 48.7 percent respectively from an impact of pandemic situation since beginning of the year. The interest costs and fee expenses increased from 194.2 million baht to 235.2 million baht which mainly

decrease of 63.8% YoY). Overall hotel performance was dropped as lower tourists from COVID-19 outbreak globally since the beginning of the year. Given the outbreak situation, the Company announced a

the investment promotion of Index Interfurn Co., Ltd. (“IDF“), which is the Company’s subsidiary since the beginning of 2019. Q3/2019 vs Q2/2019 (QoQ) 9M/2019 vs 9M/2018 (YoY)  Finance costs were Baht

percent, beginning with a 0.50 percent increase from January 1, 2019, rising to 1.00 percent from January 1, 2020 onwards. To satisfy the minimum levels and capital buffer requirements of the BOT, in 2019

to lower production once again by 1 million barrels per day for the first half of 2019, beginning in January 2019. While Saudi Arabia has lowered their production levels prior in December 2018 by as

The opinions of the Independent Financial Advisor on the connected transaction (For the purpose of translation only) 0 The opinions of the Independent Financial Advisor on the connected transaction by Thai Wacoal Public Company Limited Presented to Shareholders of Thai Wacoal Public Company Limited Prepared by 8 March 2019 This English report of the Independent Financial Advisor’s Opinions has been prepared solely for the convenience of foreign shareholders of Thai Wacoal Public Company Limited...

(including lower of cost of market (LCM) THB 15 million). At the beginning of the quarter, average Dubai oil price continuously rose comparing to the previous quarter, however, in the middle of May to early

Thai Economy in the First Quarter of 2018 The global economy showed signs of continual growth at the beginning of 2018. However, close attention should be paid to uncertainty surrounding US trade policy