fluctuation whereas foreign debts were all fully hedged. Finance cost was Bt5,148mn decreasing 2.9% YoY due to lower deferred interest from spectrum licenses. Average cost of borrowing was maintained at 3.1
% (2,766.3) (3,674.1) 32.8% Gross profit 496.5 463.7 464.1 0.1% (6.5%) 1,401.5 1,399.4 (0.1%) Net gain (loss) on exchange rate 83.6 86.7 113.7 31.1% 36.0% 169.6 195.8 15.4% Gain (loss) on forward contracts 6.0
) (256.0) N.A.(100) 12.2 1.3 (10.9) (89.3%) Other income 3.7 7.9 1.5 3.8 2.3 153.3% 12.8 16.9 4.1 32.0
baht, which was resulted from higher provision in the first quarter of 2020 with probable forward looking risk factors due to COVID-19 situation. Net profit was mainly contributed by continued growth of
written- off receivables as well as the Company has also set management overlay for a hedge with probable forward looking macroeconomics factors. Net credit cost was at 5.1% increased from 4.1% in the first
securities investment and futures contracts. The meeting had also deliberated on the matter of “Master Blueprint” and the guidelines to drive forward concrete results.Moreover, the Digital Infrastructure
for promoting the development of financial innovation and regulations in our respective jurisdictions. We look forward to enhancing a close cooperation with the CSSF in the future.”Mr. Claude MARX
SET is a welcome addition to Thailand and Singapore cross-border development. SEC Thailand looks forward to the successive implementation and participation from market stakeholders. Meanwhile, we
quarter of 2020 with probable forward looking risk factors due to COVID-19 situation. For the 3rd quarter of 2020, the Company had consolidated operating income of 1,333 million baht, an increase of 49
FX fluctuation normally causes no material impact on overall performance of the company. B.Grimm always has well-planned strategies to manage the FX risk as follows; 1) Natural hedging where the ratio