and subsidiaries reported Baht 9,744 million in net profit, decreasing Baht 1,173 million or 10.75 percent over-quarter. The decrease could be attributed to non-interest income, which dropped Baht 3,187

million in net profit, increasing Baht 151 million or 1.40 percent over-quarter. The increase came from net interest income, which rose Baht 671 million, or 2.83 percent. Net interest margin (NIM) was equal

(for 4Q19, total revenue of THB 599 mn and net profit of THB 110 mn). The difference versus GLAND’s reported statement of comprehensive income comes from the investment properties that the Company

dividend which shall increase the Company’s income and profit in the future. 9. Conditions Precedent The Conditions Precedent of the transaction are specified herein section 3.1 above. 10. Opinions of the

condominium units to customer, the Company will obtain the benefit in form of dividend which shall increase the Company’s income and profit in the future. (Translation) OOrriiggiinn PPrrooppeerrttyy

/share allotment 7.1 Dividend policy The Company has a policy of paying dividend at the rate of not less than 40 percent of the net profit after the corporate income tax according alone financial

million) Total Liabilities 597.87 535.40 Total Equity 1,750.26 646.55 Net Profit (Loss)* 337.32 91.88 Non-controlling Interests - 18.90 Net Tangible Assets** 1,749.98 599.75 *Net Profit (Loss) for the past

has a policy of paying dividend at the rate of not less than 40 percent of the net profit after the corporate income tax according alone financial statements and after the legal reserves reduction

lower impairment on asset quality compared to that of Q1/2019 in which we recorded a bad debts and doubtful accounts of Baht 219 million. Income Tax Q1/2020, the income tax expenses on profit and loss

/2020, the income tax expenses on profit and loss statement was Baht 63 million. The Company recorded a current income tax of Baht 414 million and deferred income taxes from temporary difference income of