related to properties in or outside the Kingdom including to accept donated properties; (2) borrow or lend money as well as make investment for profit; (3) determine the fees for filing registration
had to be closed according to government policy. But the company was able to adjust to its profitable operating results this quarter details as follows: Management Discussion and Analysis Q2/2020 Page 3
net NPAs is calculated from the sum of cash collection received from NPA management business divided by the sum of ( i) properties foreclosed – net; and ( ii) installment sale receivables-net (average
Baht 192,189.05 (or 2.48 times over acquisition cost) while book value of properties for sale was at Baht 23,899.11 million against the appraisal value of NPA at Baht 55,069.43 million (or 2.31 times
on sale of Investment Properties in amount of 4.2 million Baht. The share of revenues in 2019 comprised of treatment of industrial waste business division represented 86.8%, property development
which increased 197 .0 % from year ended 2019. Most of this is temporary differences relating to past differences in interest income for accounting and tax, along with the revaluation on properties for
period of the last year. KEY HIGHLIGHTS • Total revenue increased by 10.3%, mainly from increase in revenue from sale of investment properties and increase in revenue from rental and services together with
statements of financial position, the changes are as follows: - 1) total assets as of 31 December 2018 before retrospectively adjust was THB 14,329.7mn and after the retrospectively adjust was THB 14,376.3mn
HIGHLIGHTS • Total revenue increased by 51.9% and 25.7% during 3 months and 6 months ended the second quarter of 2019, respectively, mainly from increase in revenue from sale of investment properties and