sale and cumulative effects of changes in accounting policies due to the adaptation of new financial reporting standards. As at June 30, 2020, the Company recorded Right-of-use assets of Baht 28
fees and services income, the Bank recorded gain on trading and foreign exchange transactions in the amount of Baht 268 million, declining 53.5% comparing to gain of Baht 577 million in 2016
competition. Core service revenue contributed 77% while sales revenue contributed 15%. Core service revenue (excluding IC and TOT partnership) recorded Bt33,090mn flat YoY, - 4. 3% QoQ mainly from decline in
Group has initially adopted TFRS 16 and recorded an increase in right-of-use assets and lease liabilities. 1Q2020 Operating Results In 1Q20, the Company has total revenue of Baht 1,262 million; decreased
hospitality industry, which directly impacted to DTC’s business and performance in 2Q20. DTC recorded a net loss of THB 453 million in 2Q20, compared to net loss of THB 22 million in 2Q19. The loss was driven
investment decisions due to negative sentiment regarding Thailand's economic environment and slow government stimulus disbursement. However, Thai businesses continued to seek specific solutions to improve
recorded at 2,104 million baht, which is the same level as last year. However, finance cost accounted for 11% of total revenues, slightly decreased from 12% in the fiscal year 2016. A decrease in finance