assets 575 565 1.9% Total non-current assets 2,679 2,805 (4%) Total Assets 4,156 4,668 (11%) Bank overdrafts and short-term loans from financial institutions 1,439 1,536 (6%) Account payables 373 413 (10
Page 1 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 Executive Summary Bank of Thailand, in late March 2020, slashed its forecast for Thai economy from the
0.25% Total current assets 1,453.46 68.61% 1,714.03 73.08% Non-current assets Restricted bank deposits 46.18 2.18% 46.18 1.97% Investment in associate 11.63 0.55% 9.67 0.41% Long-term investment 3.46
was still in contraction. Tourism sector essentially got greatest hit from border restriction and faced 100% drop in foreign tourist numbers. Bank of Thailand, then, slashed its forecast for Thai
accounts receivable and other accounts receivable of Baht 50.44 million, increase in right of use assets of Baht 49.27 million, increase in cash and cash in bank of Baht 12.85 million, a net increase in
recovered. Bank of Thailand has adjusted down Thailand economic outlook forecast to a contraction of 8.1% for 2020, instead of 5.3% contraction previously forecasted. The crisis of the COVID-19 pandemic has
current assets 1,631.51 72.07% 1,714.03 73.08% Non-current assets Restricted bank deposits 46.18 2.04% 46.18 1.97% Investment in associate 10.74 0.48% 9.67 0.41% Long-term investment 4.58 0.20% 3.51 0.15
, comprised decrease of interest rates of loans from bank since the fourth quarter of 2019. Additionally, bank also cut MLR rate in the first and the second quarters of 2020. Tax income (expense) Q2-2019 Q1
loans from commercial bank since the fourth quarter of 2019. Additionally, bank also cut MLR rate in the first and the second quarters of 2020. Tax income (expense) Q3-2019 Q2-2020 Q3-2020 9M-2019 9M-2020
enterprise This quarter, AIS announced a joint venture with SCB, a listed leading bank, for digital lending business with an investment of Bt300mn in the ‘AISCB’ JV. The JV is expected to start service in 1Q22