times and 0.9 times, respectively, driven by loans repayment to financial institutions and higher retained earnings due to the improving overall performance as mentioned above. Yours sincerely, Pongsarn
2.5 Million. - QSR business recorded its revenue of Baht 20.4 Million that 46.7% decreased from Q2/2019 or by Baht 17.9 Million due to closing unperformed branches which have been affected by the
corresponding period last year. Such a significant increase was due to our higher requirements for funding from financial institutions for the purpose of liquidity and vertical integrated business expansions. For
1/2 RC 040/17 9 August 2017 Subj. : Report on the Company’s operating results for the second quarter of the year 2017 To : President of the Stock Exchange of Thailand Encl. : 1) A copy of financial
as compared to the record of such items in Quarter 3 of 2019. Financial position Financial Position Consolidated financial statements As of 30 September 2020 (Unaudited but reviewed) As of 31 December
credit losses from long outstanding receivables in the amount of 1 .3 million baht and no need to record in losses from fair value adjustments of investments -3- Financial Analysis of the Company As of
/2018 GLOW was not yet acquired). • However, the company has recognized an increase in financial costs by Baht 1,836 million mainly due to the increase of interest expense on short-term loans, interest on
December 31, 2015 in the amount of Baht 400.00 million without accounting record. Thereafter, on the 2nd quarter of 2016, the Company redeemed the short-term bills of exchange from the financial institute
financial reporting standards. Overall market environment The Thai economy for the first quarter of 2020 continued on a declining trend comparing to last year due primarily to the COVID-19 outbreak which