Leases (TFRS 16) guidelines which became effective from January 1, 2020 while the financial statements for the period during 2019 were prepared in accordance with existing guidelines prior to the adoption

credit risk has increased significantly (Stage 2 Reserve) can be counted as Tier 2 Capital, while only reserve of pass class loans (Class 1 Reserve) is counted as Tier 2 under previous regulation. Although

spaces and improved occupancy rates when compared to Q1/2019, despite the temporary closure of The Walk and Little Walk since 22 March 2020 like Index Living Mall, while some tenants were allowed to open

for consumption to decelerate. Government investment expanded as a result of the disbursement for mass transit and telecommunication projects, while private investment, in spite of signs of improvement

opening of the project, whereas financial cost was nearly similar to the previous year. Segmental performance 1. Expressway business The Company had revenue from Expressway business of Baht 2,435 Million

2019 and to diversify risk from the main business. Although the company will invest in McTRIC only 4.082 percent of paid-up capital, the Company has the right to appoint 1 director in McTRIC, leading to

HIGHLIGHTS • Total revenue was THB 13,385.8 mm which increased by 15.2%, compared to the same period of last year, whereas normalized total revenue increased by 20.0%. • Rental and service income from

from the year 2017. This is because the government expenditure budget focused on the infrastructure and transportation, while the expenditure in information communication technology did not increased

pumped more water to Klongyai and Nongplalai reservoir while the water flowing into Prasae reservoir during the beginning of the year was also lower compared to the same period of last year. The average

purchasing power of consumers in middle-low income levels decline from the economic slowdown. While the total revenue from the core business increased 0.7%QoQ, driven by higher usage amount of other services