was because in early 2016 bank cut interest rates. Net profits The Company booked net profits of Baht 67.90 million and Baht 63.04 million in the year ended 31 December 2016 and the year ended 31

, customers negotiate the price by referring to the decrease in world wheat market prices and the appreciation of the baht in the previous year. Resulting in a reduction in the selling price of wheat flour

• Administrative Expenses in 1H/2021 was THB 65 million, decreased by THB 9 million or 12% from 1H/2020 mainly due to the decrease in administrative expenses during Q1/2021 from the reduction in related expenses

next book value after reduction of the allowance for doubtful debit as shown on the balance sheet. 2. Risks on Interest Rates Risks on the chanage of interest may cause the damage on the Company in

11.0% respectively, decrease from 10.9% and 26.1% respectively in 1Q18. The reduction in percentage were mainly due to the increase in revenue which resulted in the economy of scale as well as the high

in a decrease in the cost-to-income ratio, which stood at 42.52 percent. KBank has set aside higher allowance for impairment loss on loans, in line with uncertainties from the ongoing economic slowdown

% decreased. This decrease is the came from better management to compact the organization structure and continuous focus on reduction of expense of the company. 5. Management benefit expenses For the past 6

% mainly due to the reduction of upfront expenses at the end of the contract and the maintenance expenses for prepaid projects that decrease with service duration. Assets held for sale decreased by 37.8 MB

Subject : Resolutions of the Board of Directors approving the capital decrease, the capital increase, the allotment of newly issued ordinary shares to investors in private placement, the acquisition of

2019 Depreciation New estimated 2020 Depreciation Change Increase (Decrease) Building 35 45 10 Equipment & Machinery 748 359 (389) Total depreciation per year 783 404 (379) For consolidated financial