annual depreciation calculation. 2. Total liability, the company had total liability as of December 31, 2019 at 79.68 million bath decrease from December 31, 2018 at 22.05 million bath or 21.67% decrease

resolution was passed to approve the acquisition of ordinary shares in Kerry Express (Thailand) Company Limited (“Kerry”), a private limited liability company incorporated under the laws of Thailand that

began to recognize revenue in Mid-January but in Q1/1 8 the group has fully recognized revenue for the whole month of January. Trading Business Trading business; the new business of the group began to

, increasing from previous year, as a result of the adoption of TFRS16, which increased lease liability in 1Q2020 by Bt164.00mn. Interest-bearing debt to equity ratio was 0.78, increasing from previous, as a

based on appraisal price before taking into account the accrued debt obligation and the mortgage value. 2 The actual cost of acquiring the assets before revaluation of properties for sale. 12 Bangkok

Company has total interest income of Baht 3,077 million in Q1 .2020, which is Baht 3,054 million of interest income on loans purchased of receivables (comprised of the part of fully received Baht 202

in Q1 .2020, which is Baht 3,054 million of interest income on loans purchased of receivables (comprised of the part of fully received Baht 202 million and part of account receivable Baht 1,238 million

analysis for Quarter 1’ 2020 5 / 7 Allowance for Doubtful Debt followed to TFRS 9 Financial Instrument and increased from employee’s salaries base. 3.4 Operating results The Group's net loss was increased

which are issued and sold in the amount of 99.99 percent of the total shares in RPV. (1) RPV As of 16 July 2020, RPV has a registered capital of THB 587,000,000 (fully paid-up) which comprised of

year was from 6.27 times to 5.52 times because the Company has current liability increasing from the same period of last year. Receivable Turnover changed little from the last year, from 1.10 times to