continued injection policy and the unresolved fiscal problems of certain European countries are seen as the key drivers of continuous capital inflows into emerging markets including Thailand. However

period, as previously issued, included a qualified opinion, a disclaimer of opinion, or an adverse opinion and the matter which gave rise to the modification is unresolved ( 2.3.1 corresponding figures are

chairman but was objected by certain IFEC shareholders. Meanwhile, the company's situation is unresolved, and the current directors have yet to come up with a solution. The SEC views that IFEC directors

construct the Project within 2 years from the leasehold registration date or any agreeable period including rationale extension.  Upon the occurrence of an event causing termination except defaulted by the

, especially global economic fluctuations and unresolved political issues. Businesses have also had to contend with new regulations and government projects. All of these factors affected the performance of KBank

established market risk management processes for new financial products, and improved related processes for existing products. In 2019, global financial markets were quite volatile due mainly to the unresolved

improved related processes for existing products. In 2018, global financial markets were quite volatile due mainly to the unresolved US-China trade war. Emerging countries, including Thailand, felt the

. Notwithstanding, the market volume of Thai vitamin C drink appeared to enjoy a pleasant growth rate Revenue from sales by product group Unit: THB million 2019 % 2020 % Amount Percent Branded products by our own

channel to communicate with the customers promptly as well as to increase pleasant level and top impression for keep maintain the existing customer base together with the increase of new customers. ▪ Risks