system is almost complete. Some small changes have to be made and the company has set to fully shift to ERP system at the beginning of 2018. 2. Operating Results (Company and Subsidiaries) Consolidated
almost 45% RAM has a direct and indirect shareholding of 16 subsidiaries, directly or indirectly, of 11 associated companies. RAM has more than 27 affiliates. RAM has such potential and capabilities. The
/2019 (3.43%). • The selling expenses of Q1/2020 is much lower due to cutting of unnecessary expenses. However, the administration expenses are almost unchanged because of fixed expenses such as salaries
is profoundly impacting the global economy, especially the hospitality sector which is the main business of the Company. Almost all our hotels were temporarily closed since the second half of March
. Almost of net non-interest income are net fees and service income, gains on investments and dividend income. Other Operating Expenses In the second quarter of 2017, they had other operating expenses
, dividend income and other operating income. In the second quarter of 2017, net non-interest income amounted of Baht 387.5 million, decreased by 39.9% when compared to the second quarter of 2016. Almost of
. Almost of net non-interest income are net fees and service income and dividend income. Other Operating Expenses In the third quarter of 2017, the company and its subsidiaries had other operating expenses
income. In the third quarter of 2017, net non-interest income amounted of Baht 363.1 million, decreased by 31.6% when compared to the third quarter of 2016. Almost of net non-interest income are net fees
expenses amounted of Baht 686.4 million, increased by 2.0% when compared to the first quarter of 2017, almost of the increase of employees’ expenses that provide for business expansion. The ratio of