the work unit which will be responsible for providing services as securities registrar; (7) rates of fees and methods of fee collection or any other compensation to be collected from the securities

quarter of 2017 accounted for 12% of total revenues, slightly decreased from 13% in the previous year. This was because the Company’s policy is to manage liquidity risk and interest rates fluctuation risk

or +95.12% YoY, due to the increase in profit before income tax expense. Income tax expense was calculated from the tax rates of Company’s activities that receive investment promotion (BOI) and

according to the changes in the additional legal severance pay rates for employees who have worked for an uninterrupted period of 20 years or more, with such employees entitled to receive not less than 400

Center locations in Chaiyaphum, the full quarter revenue contribution from Robinson Lifestyle Center in Chonburi, and increase in average rental rates as compared to the same period last year. 3. Revenue

develop, comprised decrease of interest rates of loans from bank. For separate financial statements, the Company has finance costs for the year 2019 and 2018 in the amount of Baht 120.8 million and Baht 3.8

deduct Interest income, unrealized loss from exchange rates and non-recurring items Management’s Discussion and Analysis S Hotels and Resorts Public Company Limited S Hotels & Resorts, A Singha Estate

renovated projects and those with increases in rental rates, namely CentralPlaza Chaengwattana and CentralPlaza Bangna Meanwhile, shopping malls that are currently undergoing major renovations, namely

loan and the impact of the THB appreciation to foreign currency translation of financial statements despite higher interest rates. Earnings before interest, tax, depreciation and amortization (EBITDA

from repayments of loan and debentures, comprised decrease of interest rates of loans from bank since the fourth quarter of 2019. Tax income (expense) For the first quarter of 2020 and 2019, the Group