economy growth in 2019, the slowdown of Government’s energy Saving programs promoting the replacement of conventional lamps to LED and the delays of sales revenue recognition resulting from product
take good care of customers to help them withstand the economic crisis and move forward to the “New Normal”, while maintaining close control of credit underwriting and risk management. The Bank also set
due to the recognition of special profits, while loan growth and credit quality were affected by the economic slowdown. The combined net profit of the commercial banking system was Baht 270.9 billion, a
of 63.6% YoY or THB 354mn. The increase was mainly from (i) full year recognition of finance expenses related to the hotel business in Europe and (ii) recognition of finance costs associated with
. filled land on the land adjacent to WHA Mega Logistics Centre Project (Lamlukka) to the owner of such land as agreed with the owner in exchange that the owner will not move, destroy or damage the said
a significant factor that may impact our selling expenses in the following periods is the recognition of sponsorship expenses for English Football League based on terms and conditions as agreed among
event for official launch of Carabao Cup held in the United Kingdom. Note that a significant factor that may impact our selling expenses in the following periods is the recognition of sponsorship expenses
, respectively. This strategic move enabled us to jump our media coverage nationwide and gather wider audience reach. During 2017, MACO also has started to introduce digital media into its product portfolio with
total remaining backlog was THB 1,288mn, decreasing by 70% compared to the previous quarter of THB 4,284mn from the value transferred of 6 ready-to-move-in projects (i) The Monument Thonglor, (ii) The