tried to minimize the risks that might incur from the uncertain spread of COVID-19 outside Thailand and the stringent housing loan approval policies adopted by the financial institutions. MK gave its
Company has been able to maintain financial liquidity, so there is no significant impact of COVID-19 on debt obligations. Meanwhile, the Company has taken stringent measures to manage and control its costs
. In 2017, KBank concentrated on balancing between services and credit risk management within each customer segment. As the Thai economic recovery was not yet broad-based, we put in place more stringent
the previous year. Nonetheless, the administrative expenses of a period of nine months were 22.77 Million Baht, decreased by 1.52 Million Baht or down by 6.26 % due to Company had a stringent cost
announcement of permanent shutdown of a synthetic fatty alcohols plant in Europe and temporary shutdown in some Chinese fatty alcohols plants due to more strictly safety control and more stringent environmental
term, more stringent rules and regulations have been implemented. In response to regulatory changes and introduction of climate change risk management guidelines, businesses must bear increased costs in
stringent residential financing granting measure has not negatively affected the operation as the Company has the policy to develop project which has average selling price per unit higher than THB 10mn and
the first quarter of 2019, the operating profit was equal to 9.0 million Baht, resulting from more stringent customer screening and increase of efficient collection. The average debt collection (Normal
fixed expenses consisted of utility expense, maintenance cost and outsourced labor cost, which was reduced following to the number of stores-closing days and a stringent control of cost whereas the