less accommodative in their monetary policies. Looking forward, global interest rates are therefore likely to be on an upward trend. Amid the trade rift which may make the global economic recovery
“Asset management companies can now submit an application for approval of SSF establishment from 3 February 2020 onwards. SEC will speed up the approval process. In this regard, investors should
and are inelastic consumer goods. As we look ahead for 2020, we feel confident in our business model as our global footprint having regionalized ecosystem coupled with inelastic nature of products allow
revised upward the 2017 global economic projection to 3.7 percent, and projected that the world economy may see even brighter growth of 3.9 percent in 2018. Looking forward into 2018, economic activity
grew 3.78 percent, compared to 1.98 percent at the end of the first quarter of 2017 and 1.46 percent at the end of 2016. Looking ahead into the latter half of this year, loans are set to see accelerating
of 2016. Looking ahead into the final quarter of this year, loans are set to maintain growth. Business loans, in particular, are expected to receive a boost from revival in economic activity and the
Investment with any clarity. Going forwards the horizon ahead is quite clear. The Company has appropriated 100% of SGAH (Holding Company in UK) and own 77% of SACL (India) although the AAPICO Board is not
debt to equity ratio was 1.34 times. Forward Looking The Company has a performance according to the plan. In the year 2019, the company is in the process of real estate development for sale of
late of Q2/2019 onwards. Summary of Financial Statement Position Assets As of the period ending 31 March 2019, the Company has total assets equal to 8,456.7 million Baht higher than the ending of the
interest bearing debt to equity is 0.68 times. Management Discussion and Analysis Q2/2020 Page 5/6 Forward Looking Q2/2020 is a significant adjustment for the Company's business under the COVID-19 situation