managed to be lower, resulting from the credit rating. This reflects the financial stability of the Company. Completed projects, new projects launched, sales volume and backlog in Q1/2020 1. Completed

down last year. In Q1/2019, the Company shut down in February and March during waiting for signing new credit agreement in April and subsidiary shut down in February due to the damage of the important

National Credit Buro (NCB) checking services by the end of this year. The e-KYC and NCB checking service is required by financial institutions under Anti-Money Laundering Act and the total number of accounts

employee benefit according to new labor law, consultant fee for new Credit Agreement of the Company and others fee and reorganization during December 2019 resulting in reduced Salary for the current year. 5

: Million Baht For the 3 months Change between YoY For the 6 months Change between YoY Q2/20 Q2/19 Amount % Q2/20 Q2/19 Amount % Credit card fee 0.94 1.78 (0.84) (47.13) 2.48 3.26 (0.78) (23.98) Advertising

loans from financial institution was increased in an amounting of Baht 28.17 million because the company used as a revolving credit to pay for product payables. Management’s discussion and analysis for

ended June 30,2020, which increased from the initial adoption of new financial reporting standard. However, the Company also recorded Expected credit losses on loan purchased of receivables in accordance

รดอ้ยค่าดา้นเครดิตเม่ือซ้ือหรือเม่ือเกิดรายการ (Purchased or originated credit impaired) 4 ผลกำรด ำเนินงำนรวมของธนำคำรและบริษัทย่อย 2 ไม่รวมสินทรัพยท์างการเงินท่ีมีการดอ้ยค่าดา้นเครดิตเม่ือซ้ือหรือ

and TFRS 16 – Leases as per the following details.  Under TFRS 9, the Company is required to classify the derivatives and credit losses as financial assets. The Company will measure fair value of all

Reporting Standards (TFRS) which consists of TFRS 9 – Financial Instruments and TFRS 16 – Leases as per the following details.  Under TFRS 9, the Company is required to classify the derivatives and credit