since mid of the quarter) Net profit was B127mn, decreasing 15.4% YoY – from Covid-19 pandemic and effect of new accounting standard adoption of Bt1.41mn. Total revenue from core business was Bt729mn
order to reduce commercial banks’ burdens for assisting customers during the Covid-19 outbreak. Moreover, the adoption of TFRS 9 since January 2020 has required financial institutions to calculate
Baht 96.16 million from first-time adoption of TFRS 16 Leases. For trade accounts receivable, the Company set up additional allowance for doubtful accounts of Baht 9.25 million from first-time adoption
right-of-use assets as a result of the adoption of the new financial reporting standard in year 2020 and increase investment in technology and information system. 2. Total liabilities increased 31,457,336
/ Impact from the adoption of Thai Financial Reporting Standards 16 Leases (TFRS 16) since 1 January 2020 which caused higher depreciation and interest expenses (net after tax). Operating Highlights Q1/2019
Group’s total assets were at THB 3,660.03 million, up by THB 279.61 million mostly from adoption of new financial reporting standards (leases standard (TFRS 16) ), As a result of Right-of-use assets, net
from increase the right-of-use assets as a result of the adoption of the new financial reporting standard in year 2020 and increase investment in technology and information system. 2. Total liabilities
quarter of 2019 at 60.3%. The decreasing of cost of rental and services was mainly from the adoption of TFRS16 which require the Company record the lease agreement with lease term more than 1 year to be
subsidiaries increased Baht 79.27 million from profit sharing from investment in BBF. 4. Property, plant and equipment increased Baht 88.58 million, mostly from the adoption of new financial reporting standards
finance costs due to the adoption of TFRS16 • Total assets as of 31 March 2020 stood at THB 66,192mn, increasing by 23.7% or THB 12,661mn from 31 December 2019. Assets increased primarily from impact of the