, registering a growth of 45% QoQ and 21% YoY), positive contract adjustments and inventory gains Our company-wide cost and business transformation, Project Olympus, yielded US$67M during the quarter, on track
provide scale benefits and improve operating capabilities. In response to industry headwinds, Management has improved its special focus on cost and working capital optimization programs. Disciplined
had less contraction from the previous quarter after the gradual relaxation of lockdown measures, contributing many economic activities to improve. For example, private consumption and private
quarter of 2018 continued to improve. Export performance remained strong, with 12.3 percent year-on-year expansion. Tourism also continued to perform well despite the end of the high season, as tourist
an increase in gains on financial instruments measured at FVTPL as the financial and capital market situation started to improve from a sudden impact from Covid-19 in the previous quarter. Net fees and
, beverage bottles, PET packaging for food, personal care and home care) in the near term and improve our working capital efficiency. Most of our products are classified as essentials in the current pandemic
. Meanwhile, competition for deposits is expected to be mild, as although the economy is likely to improve, the recovery remains concentrated in certain business sectors. There is considerable excess liquidity
62.51% to 57.99%. 2. Net investment revenues, gains on investments and fair value losses totally amounted to Baht 30.22 million, an increase of Baht 13.46 million, because of the rise of gains from the
requirements to comply with the Liquidity Coverage Ratio (LCR) and the Net Stable Funding Ratio (NSFR) guidelines which require banks to hold sufficient liquid assets to improve the resilience of banks against
Total Revenues 4,432 4,888 -455 -9.32% Sales and service income 4,244 4,747 -503 -10.60% Gains on Exchange rate 108 52 56 107.01% Other Income 80 88 -8 -9.09% Cost of Sales and Services 3,848 4,214 -366