amounting to THB 3,338 million, with total liabilities of THB 3,011 million and total equities of THB 9,457 million. In this regard, the company’s financial position remains strong with low debt-to-equity
Website: www.kiatnakin.co.th http://www.kiatnakin.co.th/ 2 Management Discussion and Analysis (MD&A) For the first quarter ended March 31, 2020 comparing operating performance and financial position for the
position for the first quarter ended March 31, 2020 with those of 2019. This report discusses principal changes in the unreviewed consolidated financial statements. Changes in Financial Reporting Standards
fees and service income decreased. Operating expenses decreased by Baht 495 million, due to a decline in premises and equipment expenses. Impairment loss of loans and debt securities rose by Baht 2.7
(%) Personnel expenses 6,676 6,563 6,463 1.7% 3.3% 13,239 13,133 0.8% Directors’ remuneration 54 34 46 58.8% 17.4% 89 81 9.9% Premises and equipment expenses 3,147 2,738 2,960 14.9% 6.3% 5,885 5,183 13.5% Taxes
dividend income and gains on tradings and foreign exchange transactions increased. Operating expenses rose by Baht 782 million from higher premises and equipment expenses. Impairment loss of loans and debt
locations in different regions allows us to compet- itively serve these markets amongst as well. Business Analysis IVL’s leadership position in advantaged feedstocks; large position in polyester feedstocks
. However, commercial banks remained tighten credit standards on loans to SMEs and household as their concern on a deterioration in debt serviceability especially weak financial position SMEs and high debt
Schoeller (expected completion 4Q18) - will enhance IVL HVA fibers portfolio and energize our worsted wool business. o M&G Fibras (expected completion 4Q18) - will position IVL as the largest polyester fiber