E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2020 The Thai economy in the first quarter of 2020 sank into a recession due to the COVID-19 pandemic. Economic activity was crippled almost across the board in light of lockdown measures implemented in several countries to contain the viral transmission. Financial markets went into a tailspin, whereas turbulence was seen in manufacturing, service and tourism sectors,...

“Thailand has confronted main obstacles for startups: laws; funding sources; and competent personnel. All parties must cooperate to tackle these problems. Successful startups must understand consumers

into the encountered problems and obstacles, which in turn can be taken into account for the formulation of and improvement in the supervisory directions and mechanisms for further development of the

deposits, financial institutions accounts payable, and trade accounts receivable. In addition, the auditor of SCT Vietnam Gas Co., Ltd., a PICNI’s subsidiary, was also encountered limitation on scope of

sufficiently disclosed. Consequently, investors will have relevant and sufficient information to make their investment decision appropriately. Over the past year, the capital markets across the globe encountered

of SCT Vietnam Gas Co., Ltd., a PICNI?s subsidiary, was also encountered limitation on scope of audit imposed by the company management in various matters including audit on financial institution

million increased by 5.44% from last year. The contributions were from export sales 74.8% and domestic sales 25.18%. In the past year, the Company still confronted with many challenges to its business. The

. 5. Net profit and net profit margin Although the Company encountered the low economic growth rate, the Company was able to maintain 2Q17 net profit of Baht 20.89 million, which was the same level as

growth and stability of the Company. However, the target customers of the Company have encountered the problem of household debts during the past few years. The loan approval criteria of financial

unprofitable business. Year 2020, our groups has encountered spread of coronavirus disease 2019 which causing slowdown in economic as effecting most businesses and industries. Management has changed their