demand faced contraction in the same direction as private consumption on durable goods and services significantly contracted because people avoided going outside. Other fators include the suspension of a
27/08/63 2 Thai Banking Industry In the second quarter, the commercial banking system in Thailand faced challenges as the Covid-19 outbreak affected economic and financial systems. At the end of June
expense must be paid due to the tender offer process in May 2019 of 26.14% from the acquisition of GLOW. This results in the company to hold 95.25% share in GLOW. The company have also faced an increase in
was mainly from renewable energy projects in accordance with AEDP 2015, which faced many competitors. Simultaneously, the electricity demand in Asia-Pacific region is continuously on a rising trend
Capital Adequacy Ratio (CAR) and Common Equity Tier 1 ratio (CET1) stood at 18.2 percent and 15.6 percent, respectively. Commercial banks in Thailand faced many challenges during the year. Although
total liabilities. As such, the reasons stated above are the limitations faced by the Company in securing debt financing from financial institutions for its operation. Information from the Separate
and other income) and has generated very low operating cash flow when compared with its total liabilities. As such, the reasons stated above are the limitations faced by the Company in securing debt
E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending June 30, 2019 The Thai economy faced increased headwinds in the second quarter
traction, buoyed by both domestic and international factors. However, the business sector faced rising challenges, namely various forms of competition, a borderless marketplace within the ASEAN Economic