HVA continues to contribute to the segment earnings. However, contribution from this business will be adversely impacted in 2Q19 due to an unplanned shutdown lasting for around 45 days. 2020 will be the
tourists, compared to 5,872,145 people in the pre-COVID-19 period (Jan-Feb 2020), as travel restriction remained in place. In 2021, the recovery of the Thai economy is expected to be fragile and uneven
undoubtedly fuel our economies and eventually improve the living standards of Thai people and those of our neighboring countries. Strengthening the audit professions As lasting improvements start from within
future growth and a past earnings string does not exist in long horizon, i.e. four years ahead onward. It plays down a growth-based explanation for MBEB incidence but raise a vital role of fundamentals in
debt. In order to manage the company’s working capital to coincide with operations. As well as, managing debts to be paid on time. The company was able to secure funds, both short term loans and long
geopolitical situations remain risk factors affecting economic activities of Thailand’s trading partners. At the same time, uneven recovery of household purchasing power may be further hindered by the floods in
quarter. Meanwhile, Thai and US interest rates dropped at the beginning and the middle of the quarter. Short-term bond yields fell in line with the reduction of the policy rate, whereas the long-term bond
transactions, and thus slash our cash management costs, leading to reduced costs for our customers and within the overall economic system in the long run. Within this context, KBank and K Companies accentuate
durable goods. The Thai economy hence showed ongoing improvement from the first quarter. Nonetheless, the economic expansion, which was still limited and uneven, affected the performance of KBank and our
growth and returns while maintaining our market leadership over the long term. Guided by our core strategies of “Customer Centricity” and making KBank the Customers’ Main Bank for all eight customer