profit ratio stood at 35.7%. Gross Profit Ratio & Operating Profit Ratio In 2Q18, CPN’s gross profit ratio, excluding other income, dropped to 48.0% from 50.1% in the previous year (the first six months of

30 June 2018 and 2017, total revenues of the Company which were Baht 475 million and Baht 530 million, respectively, decreased by Baht 55 million or decreased by 10%. Sales and service income for the

of cash inflow from sales and services, offsetting with cash outflow for expenses and income tax payment • Cash inflow from financing activities Baht 1,820 million consisted of proceed of short-term

of cash inflow from sales and services, offsetting with cash outflow for expenses and income tax payment  Cash inflow from financing activities Baht 1,820 million consisted of proceed of short-term

rate for Q319 was Baht/USD 30.71, Q318 was Baht/USD 32.97 (and Q219 was Baht/USD 31.59). The offshore subsidiaries income statements are translated at the average rate for the quarter, (for their

the expiration of corporate income tax exemption privilege from BOI since April 2019, resulting in 1.80 million baht increase in tax expenses from the same period last year. Furthermore, the

Rationale • Deepens the Bank’s presence in Indonesia, the largest ASEAN economy with GDP of US$1.04 trillion3 and 267 million population with young working age population, growing middle and upper income

2019 (COVID-19) has caused a widespread economic slowdown which affects many businesses and industries, especially events. Therefore, revenues from the Company’ s major businesses were affected. Income

2.65 million and increase in deferred income tax of Baht 1.99 million but there were a net decrease in inventory of Baht 82.54 million, decrease in cash advance payment for purchase of assets of Baht

of corporate income tax exemption privilege from BOI since April 2019, resulting in 0.75 million baht increase in tax expenses in the 3-month period ended 31 March 2020 compared to the same period last