Government as well as the Cabinet enforced the measurement “Holiday Shopping” at the end of Year shall create positive atmosphere in spending money for retail business much more than normal time; and shall be
expenses, (ii) depreciation which was significantly increased by THB 214mn (or 129%) YoY, driven mainly by the adoption of the new financial reporting standard related to Leases (TFRS16) (iii) Loss on
largely to healthier growth of exports and tourism, especially in the first half of the year. Meanwhile, the government continued to implement measures to promote and strengthen the domestic economy through
expertise engineering team that can support completed solution including all after sales service activities. The group of customers are both of government unit and private companies. Main projects agreed and
as continued support from government measures. Meanwhile, the financial vulnerabilities of households and businesses remained the key obstacles to the economic recovery. In the first quarter of 2021
The financial statements for the first quarter ended March 31, 2020 were prepared in accordance with the Thai Financial Reporting Standard No.9 Financial Instruments (TFRS 9) and Thai Financial
companies means investments in subsidiary and associated companies holding by the company and subject to the accounting standard which records such investment by the Equity Method. In case of any holding of
investments in subsidiary and associated companies holding by the company and subject to the accounting standard which records such investment by the Equity Method. In case of any holding of investments in
subsidiary and associated companies means investments in subsidiary and associated companies holding by the company and subject to the accounting standard which records such investment by the Equity Method. In
Governance Principles and government regulations to departments within KBank, K Companies and P Companies 7 3.2 Business Directions of KASIKORNBANK and the Wholly-owned Subsidiaries of KASIKORNBANK The Thai