minimum payment for all customers from the previous 10 percent to 5 percent during 2020-2021, before gradually increasing to 8 and 10 percent in 2022 and 2023, respectively. (2) K-Credit Card and Xpress

in Kenya. Moreover, Elite Havens luxury villa rentals and management has expanded to Goa and Maharashtra, India. Unit: Baht million 2Q20 2Q19 Change 6M20 6M19 Change Hotel business 100 813 -713 -87.7

days 69 72 63 Cash Conversion Cycle days 81 75 66 Finanial data and profitability ratios Sales revenues million baht 49,269 46,887 46,938 %change (%) 5.1% (0.11%) 6.51% Gross profit million baht 12,547

and will acquire another 19% in 2020 with the total investment of THB 613 million. Unit: THB mn 1Q19 1Q18 Change Hotel business 1,171 1,364 -193 -14.1% Education business 118 122 -4 -3.3% Food business

adjustment of derivatives according to the adopted accounting policies for derivatives and hedge accounting. The main reason was the change in fair value adjustment of cross currency swap contract between JPY

income and cost of sales resultin g in the operating income until the gross profit being reported differently from the previous periods Operating Highlights in Q3/2019 Q3/18 Q2/192 Q3/19 Change +/(-) 9M/18

affected the total marketing margin, and the increasing investment in Non-Oil businesses; which is in the developing phase of its infrastructure and location expansion, thus incurring high Selling, General

, which was, the government issued the Labor Protection Act (No. 7 ) B.E. 2019, prescribing the rate of severance pay that increased from 300 days to 400 days Such change resulted in an increase of the

on total sales and net profit either increasing or decreasing from changes of inventory at the end of period.  In Q1/2019, the Company and its subsidiaries recorded total sales of Baht 1,302 million

statement on total sales and net profit either increasing or decreasing from changes of inventory at the end of period.  In Q1/2019, the Company and its subsidiaries recorded total sales of Baht 1,302