properties, which represents most of GLAND’s operating cost, is higher under the Company’s book compared to GLAND’s book, which are based on its original cost. Non-recurring items The Company has non-recurring

that the proceeds shall be used to support major expenses relating to sponsorships, marketing and operations to be incurred by ICUK; and (b) Primary shares made pursuant to the conversion of loans that

or approximately THB 846.7 million so that the proceeds shall be used to support major expenses relating to sponsorships, marketing and operations to be incurred by ICUK; and (b) Primary shares made

operations or significantly reduce employment. 3. More-severe-than-expected impact of the drought could affect farm income For banking sector in the first quarter of 2020, commercial bank loan expanded at a

expenses. Profit from Operations Before Expected Credit Losses and Income Tax In the first quarter of 2021, profit from operations before expected credit losses and income tax amounted to Baht 1,052.2

Regulations and Rules related to Business Operations 2 2. Risk Management and Risk Factors 7 2.1 Credit Risk Management 7 2.2 Market Risk Management 7 2.3 Liquidity Risk Management 8 2.4 Digital Risk 8 3

total interests expenses together with the tax privileges from the exemption of income tax granted by the Government that helped save more corporate income tax. 1. Analysis of Business Operations (1

is the world’s leading provider of travel data and insight. Bangkok Airways is the only Thai carrier that ranks in the Top 20 airlines based on its On-Time Performance (OTP) (April 2019) 12. The

operation to create better-operating results continuously in the future. Jaymart Group continues the businesses by the joint operations of its subsidiaries and associates, with 6 core business lines, which

Business Operations 2 2. Risk Management and Risk Factors 4 2.1 Credit Risk Management 4 2.2 Market Risk Management 4 2.3 Liquidity Risk Management 5 3. Business Directions and Operations of Core Businesses