utility cost decreased 1.7% YoY, thanks to CPN’s continuous effort to conserve energy and utilities in operations. • Higher maintenance, repair and personnel expenses to support the expansion of new

sector on export competitiveness. However, the tourism sector continued to expand mainly thanks to an increase in the number of tourists of most nationalities; especially tourists from China, India, and

, the bank reserves was likely to increase, affecting the commercial banks’ performance. However, the overall Thai commercial bank system remains sound, thanks to close monitoring of credit quality

to the first quarter of 2019 due to the contraction of corporate loans. However, thanks to the increase in realized interest income according to TFRS9, the impact on interest income is minimal

thanks are given to Ché Wall of Flux Consultants the lead specialist co-ordinating the development of the Criteria through the Technical Working Group. 4 1. Introduction 1.1. Overview This Criteria

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For the 4th quarter and year ended December 31th, 2019 2 Management Discussion and Analysis of Business Operation for FY2019 Bangchak Corporation Plc. | 03 Table of Contents 06 09 29 25 27 31 Executive Important Events Summary Business Performance 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural Resources Statement of Cash Flows Statement Financial Ratios Environment Manag...

E_1 Legal_FA_2015_12_29-c A CCoorrppLL44..11hhiigg A Executive Summary Management Discussion and Analysis For the Quarter Ended June 30, 2017 The global economy in the second quarter of 2017 maintained its growth momentum. Similarly, Thailand’s major economic indicators continued to exhibit growth, as evidenced by brighter exports, government spending and private spending on certain items of durable goods. The Thai economy hence showed ongoing improvement from the first quarter. Nonetheless, the...

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2019 In the first quarter of 2019, the Thai economy continued to sustain its growth. Overall, however, it was plagued by weak exports and tourism amid the global economic slowdown. Aside from these challenges, businesses had to contend with more complex competition, regulatory changes, and technological advancements which affected consumer behavior. KASIKORNBANK has e...

reporting to the SEC Board. The Audit Committee has the committed to adhering to environmental and social responsibility. And thanks to such continued efforts, the SEC has won the White Organization Award

promoted investor advocate role of the Thai Investors Association (TIA) in Allowing direct access to trading platform Terminating the exclusive right of local securities firms to have a direct access to the