partly because the overall household purchasing power was not sufficiently strong and household debt remained elevated. Private investment picked up in line with the improved economic outlook, and with
6/22 Furthermore, the bank also provides trade finance to support import and export business as to increase an opportunity and strengthen negotiation power with business partners through bank network
disposal of entities under common control - 0.0% 73 0.1% (73) (100.0%) Share of profit of associates and joint ventures 78 0.1% 96 0.2% (17) (18.2%) Profit from continuing operations before finance and tax
is the Company’s connected party, to own and have the absolute controlling power in the project SHAA Asoke; 2) investment in ONE CITY CENTRE (“OCC”) – grade A office building development project for a
% Finance costs 14 17 -17% 66 60 +10% Share of profit (loss) from investment in subsidiaries and joint ventures (8) (0) -5374% (12) (16) +28% Tax (income) (17) (48) +65% (66) (101) +35% Net profit (loss
% from 1Q2019. In 1Q2020, the Company recorded share of profit from investment in Joint Ventures, Thai Ethoxylates Company Limited (TEX) and GGC KTIS Bio Industrial Company Limited (GKBI), at THB 62
-21.88 -33.5% 78.45 137.31 -58.86 -42.9% Financial expenses -0.87 -1.30 0.43 -33.1% -2.03 -2.63 0.60 -22.8% Share of income from investment in associate 0.55 0.40 -0.15 -37.5% 1.07 0.82 0.25 30.5
power, as farm income continued to be constrained by low prices of agricultural products and nonfarm income remained lackluster. Moreover, high levels of household debt caused the generation of new loans