economic growth and seasonal demand for loans at year-end. The brighter prospect for loans may also come from an extraordinary factor, as rising demand is anticipated before the measures to curb mortgage

debt ratio that could be fairly compared to peers in the same industry as well as suppor t the investment in current and future projects. On 28 August 2019, the Extraordinary General Meeting of

E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business sector remained challenged by new modes of competition in a broader marketplace amid the advancing digi...

that makes it easier for investors to research and schedule engagements with companies. As a leader on corporate sustainability issues for 25 years, Ceres has seen remarkable growth in investor

which the Thai equity market was one of the best-performing markets in the world with a remarkable return as high as 120%, 2004 was the year of consolidation. The Stock Exchange of Thailand (SET) index

% 37% Income tax expenses (47) (66) (90) 36% 91% Profit before FX & extraordinary items 764 786 1,074 37% 41% Net foreign exchange gains (losses) 1 1 (21) n/a n/a Legal reserved - - - n/a n/a Net profit

compared to the same period of the previous year (+50%, YoY) and an an increase of THB 83 Million when compared to the previous quarter (+12%, QoQ) Furthermore, the extraordinary general shareholder meeting

shareholders. Details of Entering into Transaction can be summarized as follows: 1. Transaction Date After the Extraordinary General Meeting of Shareholders No. 1/2018 to be held on 28 February 2018 has approved

144 152 6% 37% 346 517 49% Income tax expenses (22) (81) (66) (19%) 200% (140) (257) 84% Profit before FX & extraordinary items 466 1,034 786 (24%) 69% 2,868 3,445 20% Net foreign exchange gains (losses

commissions and other transactional expenses, interests, taxes and extraordinary expenses, such as litigation; and other expenses not incurred in the ordinary course of the Fund's business) at no more than 1.15