Microsoft Word - ACC-LT022_E_MDA-Y'1Y (provision) (RW).docx                         WIIK & HOEGLUND PUBLIC COMPANY LIMITED  90 CW Tower A  T + 66 (2) 6128600 Business ID 0107538000151    35th Floor

Microsoft Word - ACC-LT022_T_MDA-Y'17 (provision) (RW).docx                         WIIK & HOEGLUND PUBLIC COMPANY LIMITED  90 CW Tower A  T + 66 (2) 6128600 Business ID 0107538000151    35th Floor

period of YE 2017 is THB 1,261 million increasing by 320% from last year (YE2016: 300 million). Such provision for impairment is based on the conservative concept. If the company is able to solve the

is lower than the carrying amount of investment. However, if the performance of the company is turnaround to positive, such provision will be reversed. As loss performance and unappropriated franchise

[COMPANY NAME] Ref.: EFORL IR007/2020 March 4, 2020 Subject: Management Discussion and Analysis Yearly Ending 31 December, 2019 To President The Stock Exchange of Thailand 1. Overview financial

year earlier, the company has operating loss of THB 4.96 million, because the company recorded provision of loan receivables from purchase of non-performing debts increase from the year earlier. Please

to support hire purchase loan expansion and maintained the company interest spread. For the provision expenses for the fourth quarter of 2018 was 92.00 million baht, a decrease from the same period of

of borrowing to support hire purchase loan expansion and maintained the company interest spread. For the provision expenses for the fourth quarter of 2017 was 116.67 million baht, a decrease from the

support hire purchase loan expansion and maintained the company interest spread. For the provision expenses for the fourth quarter of 2017 was 116.67 million baht, a decrease from the same period of the

cost of borrowing to support hire purchase loan expansion and maintained the company interest spread. For the provision expenses for the fourth quarter of 2018 was 92.00 million baht, a decrease from the