procurement thanks to a decrease in the cost of copper, implementing artificial intelligence technology (AI) in the workplace to improve the production process and efficiency, and reducing the Company’s

from collection of purchased accounts receivable 341.0 85.2% 419.0 76.6% 78.0 22.9% Insurance Income 0 0.0% 37.2 6.8% 37.2 100.0% Interest income and related income 0.5 0.1% 0.5 0.1% 0 0.0% Total

the economic conditions at the time and current cash collection efficiency. As of 31 December 2019, BAM has net book value of loans purchased of Baht 77,374.66 million against appraisal value of NPLs at

of the Company and the Company’s subsidiaries in the consolidated financial statement during the 6-month period for 2017 showed a net loss of 142.7 million baht, which was a decrease from the 6-month

revenues , decreased by 0.54 million baht or 4.38% decreased. This decrease is the result from a better control of expense thus the compact of the restructuring of the organization structure. 5. Management

statements 2018 Increase (decrease) Million Baht % Million Baht % Million Baht % Continuing operations Revenues 1,808.5 100.0 303.4 100.0 1,505.1 496.1 Costs (1,737.4) (96.1) (315.5) (104.0) 1,421.9 450.7

Purchase of Receivables (Expected payment exceeding 1 year) which mainly was the bad debt purchased from financial institutions. Management Discussion and Analysis (MD&A) 2019 Page 5/6 Liabilities As of 31

that took effect in 2017 that represented a reduction of about 2% on average. However, consignment sales were almost fully realized in the current period. The Q-o-Q decrease in revenue was primarily due

the same period last year with a 1.1% decrease in sales of wheat flour and a 1.4% decrease in wheat bran sales. Although sales volume of wheat flour and wheat bran increased by 2.3% and 10.7% but the

first few days after the easing of lockdown measures; these sales derived mainly from those product categories that have lower propensity to be purchased online, due to the need for advice or