fees and services income, the Bank recorded gain on trading and foreign exchange transactions in the amount of Baht 268 million, declining 53.5% comparing to gain of Baht 577 million in 2016

matter, such appointment shall be made in writing or by clearly recorded resolution of the board of directors’ meeting. In this regard, the scope of authority of the appointee shall be clearly stated

recorded at 2,104 million baht, which is the same level as last year. However, finance cost accounted for 11% of total revenues, slightly decreased from 12% in the fiscal year 2016. A decrease in finance

plummeted 43.03%. Nevertheless, considering domestic sales revenue for the three months period ended 30 September 2018 and the three months period ended 31 December 2018 , sales revenue was recorded at THB

amount of Baht 66.14 million while investment capital is at Baht 160.58 million then the goodwill is in the amount of Baht 99.44 million recorded into the consolidated financial statements in 2018. 1.2

– Thai, Maldives, Mauritius, Fiji, and United Kingdom. Hospitality business generated THB 2,638m in 9M19 or 66% increased from 9M18. For 3Q19, the Company recorded such revenue at THB 885m or 1% increase

respectively. This is the result of the decline of long credit term branded business. At the same time, the company and its subsidiaries recorded allowance for doubtful accounts totaling 62 million baht due to

investment in available-for-sale securities, which consistent with the investment proportion and the purpose of the Company investment. The Company recorded gain on fair value adjustment of investment due to

: Management Discussion and Analysis For the years ended 31 December 2019 Summary of Performance Sales Revenue For the years ended 31 December 2018 and 2019, the Company recorded total sales revenue of THB

debt and doubtful accounts was 1,200 million baht, decreasing by 12% from the previous quarter. - Finance Cost In the fiscal year 2016, the Company’s finance cost recorded at 2,110 million baht, a