, unless the underlying asset is low value. Accounting by lessors under TFRS 16 is substantially unchanged from TAS 17. Lessors will continue to classify leases as either operating or finance leases. 4
continue to classify leases as either operating or finance leases. 3. Management Discussion and Analysis for the first quarter ended March 31, 2020 The presentation of 2019 figures was not made in accordance
of steel Relationship with the Company Business Partners Debt amount * 252.08 million Baht Debt to Sales ratio** 7.33% Provision for allowance for doubtful accounts 100% of outstanding balance due to
the same time, the brand was successfully grew its market share by 470 bps to 25.6%. Peptein showed outstanding growth of 14.0% YoY after launching Peptein Plus in Q1’19. Hence, the Company’s market
as well as the president conditions in the entire business transfer agreement the Extraordinary General Meeting of Shareholders No. 1/2018 Connected Transaction as specify in And since matters in
president conditions in the entire business transfer agreement the Extraordinary General Meeting of Shareholders No. 1/2018 Connected Transaction as specify in And since matters in Clause 2 to C to Clause 3
fee and 3) impact from political unrest in Hong Kong created change in plans for some Chinese tourists to visit Thailand instead. For the last quarter of 2019, the Thai economy is expected to continue
3) impact from political unrest in Hong Kong created change in plans for some Chinese tourists to visit Thailand instead. For the last quarter of 2019, the Thai economy is expected to continue to
such customers in finding appropriate financial solutions on a case by case basis. The Bank will continue to assess the situation closely especially in terms of portfolio quality and will continue to
last year and profit of THB 290 million for the year 2018, an increase of 8.6% yoy. Excluding extraordinary items, the Company reported the core net profit of THB 153 million in 4Q18 (an increase of 76.3