. Nevertheless, the situation is getting better, so the Company expects income would be back to normal in the second half of this year. 2) Income from rendering of services through online top-up machines (Service

the sales of normal projects. 4. Expenses 4.1 Selling expenses In the first quarter 2019, the selling expenses at Baht 6.03 million, decreased Baht 1.72 million or 22.19% compared to 2018 because

2,978 million, 9.0% went up from the same quarter of last year due to the demand and supply in electronic commodity market came back to normal situation in Q1’2019 and 5.3% down from last quarter mainly

16.49 million or 225.58%. The major reason as follows. 6.1 Employee benefi ts expenses increased by Baht 5.47 million because (1) increasing in the improvement of employee benefit provision according to

15.3% YoY, as a result of declining in core revenue, kiosk improvement to support new business, and fully-depreciated kiosk maintenance. 2) Net profit in 1Q2020 was Bt126.54mn, decreasing 15.4% YoY, as a

improve operational efficiency and cost control in the past year had led to a significant improvement in Krungthai ZMICO’s operating performance comparing with last year. The operating results of Krungthai

into year-end due to continued strength at our customers taking into account the normal seasonal effects” 2. Outlook Marco environment experienced some notable headwinds particularly in the tourism

robust Fit Fast Firm project (OSP’s cost saving program), which continued to drive further margin improvement through product formulation optimization, lower key raw material prices, higher supply chain

Hong Kong. This is an improvement from previous survey when Thailand was ranked the fourth. This year Thailand made progress in 4 out of 5 categories (CG Rules and Practices, Enforcement, IGAAP, and CG

individual auditors’ engagement. The overall results of the inspection conducted on 13 audit firms in 2016 during the third cycle, which is between 2016 to 2018, indicated continuous improvement from the