to undertake securities business in the category of securities dealing; “counter trader” means a person who trade securities with securities company; “client” means a counter trader which is not a

; “counter trader” means a person who trade securities with securities company; “client” means a counter trader which is not a securities company, Bank of Thailand or licensed to undertake securities business

30, 2019, the company has received returned on doubtful accounts amount of 2.79 million Baht, which is the whole amount of trade account receivables. In this period, there's no recognition on allowance

the year period ended December 31, 2019, the company has doubtful accounts amount of 22.90 million Baht, The allowance for doubtful accounts from trade receivables and advance in the amount of 32.07

, 2019, passed a resolution to sell 666,332,580 newly issued shares, at a par value of Baht 1 per share, to existing shareholders through a rights offering process, at a price of Baht 1.20 per share

global trade volume affected by trade tensions and the impact of structural changes in the Thai economy on export sector. Public expenditure and private investment would expand slower than the previous

g e | 10 2020 Outlook 2020 definitely a very challenge year for our company and in tourism business which is on the verge of the world’s economic slowdown, the destabilization of international trade

for our company and in tourism business which is on the verge of the world’s economic slowdown, the destabilization of international trade underpinned by US trade policies, as well as the continued

3,552 2% EBITDA 870 1,101 1,034 (6%) 19% 2,965 3,049 3% EBIT 554 778 704 (10%) 27% 2,024 2,081 3% Other non-operating income and expenses 297 136 342 151% 15% 567 674 19% Shares of profit of associates

of 58% YoY. Page 8 4. Financial Position of the Company and its Subsidiaries (Unit: Baht Million) 30 June 2018 31 December 2017 % Change Cash and cash equivalents 134 100 +33% Trade receivables 729 781