, upgrading technology in order to increase output of HDI products and the unexpected appreciation of the THB against foreign currencies, which had the effect of a decline in sales revenue, a low production

the appreciation of the Thai Baht has led to the destination shift among the country’s target tourists. These factors have, undoubtedly, put pressure on the hospitality industry, which is the main

the appreciation of the Thai Baht has led to the destination shift among the country’s target tourists. These factors have, undoubtedly, put pressure on the hospitality industry, which is the main

the appreciation of the Thai Baht has led to the destination shift among the country’s target tourists. These factors have, undoubtedly, put pressure on the hospitality industry, which is the main

decreased when comparing to the same period last year. The main result caused from the appreciation of Baht currency and the increase of fincancial cost. Financial Position: Consolidated Financial Statements

. The Company’s revenue was also affected by the appreciation of exchange rate of 4% from an average of 31.62 per 1 Dollar in quarter 1 2019 to 30.34 per 1 Dollar in quarter 1 2020. Nevertheless, the

Reported 94,224.83 96,391.09 Derivative Assets Increase / (Decrease) 143.51 488.56 Investments in Associates and Joint Ventures Increase / (Decrease) (573.93) (785.71) Total Assets - Restated 93,794.41

appreciation. Shareholders’ Equity Shareholders’ equity attributable to the Bank as of December 31, 2017 amounted to Baht 401.7 billion, an increase of Baht 22.7 billion or 6.0 percent from the end of 2016, due

appreciation. Private consumption grew at a slower rate than in the first half of the year, especially spending on durable goods in line with a contraction in domestic vehicle sales. In response, the government

Public Company Limited (20 percent). Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 201" Page 2 1.3 Secur ities Sale Deed to increase investment propor tion in