Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Taking Corporate Governance to a Higher Level reform priorities in Asia 2011 REFORM PRIORITIES IN ASIA: TAKING CORPORATE
expanded, the price of agricultural products remained low, and the level of household debt remains high. Thus, sales in the third quarter did not meet the target. However, the Company continued to undertake
to remain fragile as overall purchasing power has not yet recovered, and household debt remains at a high level. The operating result of the Company in this quarter is still in line with the plan
/kg or down 16% from the same period of previous year. Compared to 4Q2018, crude palm oil price was reduced by 0.90 Baht/kg or down 5% to at 16.04 Baht/kg because the inventory level still remains at
total loans ratio for 1Q21 increased to 3.2%1 from 2.9% at the end of 2020 mainly from loans exiting from the relief program. The Bank current level of capital remains strong and is above the minimum
depressions in farm income and high level of household debt while inflation remains at a low level. Other key risks that need to be monitored are the slowdown in global economy especially the Chinese economy
level of household debt while inflation remains at a low level. Other key risks that need to be monitored are the slowdown in global economy especially the Chinese economy, lower than expected growth in
was at 20.24 THB/kg, being lower than 3Q2017 CPO price by 2.19 THB/kg or 10% due to the fact that the domestic palm oil inventory remains at high level 400,000 tons in 3Q2018, while in the past
Phatra Asset Management name changed effective from September 28, 2020 2 Excluding loans classified as Purchased or originated credit-impaired (POCI) 3 The Bank current level of capital remains strong and
oil palm causing a potential decline in consumption 2) Manufacturing capacity also remains at low level indicating slow growth for private investment 3) Exports could also face a potential slowdown from