and loss from shrinkage and obsolescence. In addition, land and building tax declined due to 90% tax subsidy from government’s relief program as well as declining of loss from foreign exchange. 7
. (i) For NPLs, our clients have less ability to repay. In order to limit and forecast the impact, the Company has launched relief measures to support the COVID- hit debtors. ( ii) As for NPAs, the
sector, with manufacturing and industrial sectors suffering a sharp contraction. In order to mitigate the economic impact, the Government and other institutions have introduced relief measures to help
several relief measures being rolled out by the government. Since the beginning of the outbreak, the Company has committed to support and operate in compliance with the government’s measures and orders
of household debt. On the other hand, public spending and investment continued to grow due to government’s relief measure through cash injection for people and businesses. As of August 31, 2020, the
appraisa t appropriate iscount not praiser, and he asset app Value Ap Financia and/o Appraise 3 65 5 2 1,3 s in subsidiari nately in acco s, not include the f 30 Septembe will require the ny. ed on average
Opportunity Given the COVID- 19 outbreak that is widely affecting and continuing, the Company has launched debt moratorium programs to support our debtors. However, although the relief measures would indeed
retail loans. Meanwhile, SMEs loans contracted less due to the implementation of various relief measures by the Bank of Thailand. Under the current economic situation and deteriorating quality of loans
drastically from the dump sale. However, the situation is temperary and when the outbreak of the coronavirus (COVID-19) is likely to improve and with the fact that the government has relief measures to support
affecting and continuing, the Company has launched debt moratorium programs to support our debtors. However, although the relief measures would indeed affect the Company’ s revenue stream, the Company views