% 2,151 22.5% Trade & other receivables 763 9.6% 932 9.7% Equipment – net 1,503 18.8% 1,590 16.6% Investment in JVs, associates and other long-term investments 1,373 17.2% 1,261 13.2% Goodwill and excess of

society with focus on donations and educational support. Participating in dual-track vocational education programs with various colleges. Collaborating in various activities with surrounding communities in

quality. KASIKORN FACTORY & EQUIPMENT CO., LTD. reported higher loan growth than the company’s target. In addition, Muang Thai Life Assurance PCL retained its leadership in the bancassurance business

mainly to employee expenses and repair and maintenance of premises and equipment expenses, whereas marketing expenses fell. As a result, our cost- to-income ratio stood at 42.70 percent, which was still

2019, the Company spent THB 2,060mn on capital expenditure and investment, primarily in investment properties, property, plant & equipment purchased and investment in subsidiaries. CASH FLOW (THB mn) For

was 0.48x compared to that of last year at 0.55x. In 2019 the Company spent THB 1,784mn on capital expenditure and investment, primarily in investment properties, property, plant & equipment purchased

17,795.02 million, representing 92.42% of total revenues, a decrease of 19.79% or Baht 4,390.43 million from last year. The revenue dropped because Jira-Khon Kaen Double-Track Railway Project has been

increased by Baht 278 million, driven by profit in the period. Key Financial Performance Driven by a track record of good profits, the Company’s profitability indicators have continually improved. The

. The revenue dropped because Jira-Khon Kaen Double-Track Railway Project has been completed and Xayaburi Hydroelectric Power Project is now close to project completion. Cost of construction services and

21.46% or Baht 6,286.14 million from last year. The revenue dropped because Jira-Khon Kaen Double-Track Railway Project and Xayaburi Hydroelectric Power Project have been completed and now in maintenance