quality of audit firms and performance of individual auditors instead of solely focusing on audit fees. In the long run, a reliable quality control system would support auditors and their teams in providing
Company’s operating performance in 2017 and 2016 is shown in the following table: FY2017 FY2016 % Change FY2015 % Change [Amount in Baht Million] Y-o-Y Y-o-Y [2017 VS. 2016] [2016 VS. 2015] Sales Revenue
%) Operating expenses 149,778 250,591 (40.2%) Finance costs - Interest expense 21,798 3,105 602.0% Net (loss)/ profit (48,600) 10,948 (543.9%) Financial performance during the first quarter ended 31 March 2020
ASEAN Audit Regulators Group meeting. High-quality financial reports are significant in cultivating trust in the capital market. To that end, auditors play an essential role in auditing and expressing
separate note, the SEC has received a tip that a foreign company incorporated on the British Virgin Island solicits foreign investors in Thailand to invest in the High Performance Development Limited (HDPL
company may have to take on more burden of appointing new auditors from other audit firms. Given such a scenario, audit firms should recruit sufficient auditors in the capital market to perform high quality
based on the fairness of shareholders? right protection; especially certain types of transactions, for example, the purchase or sale of assets in a large amount or high value, or related party
recovery. Operating performance 4Q17 vs. 3Q17 On qoq basis, 4Q17 FA sales revenues was posted THB 2,383 million (up 25%qoq) attributed to high seasonal demand for manufacturing New year gifting products and
million ( + 75% YoY, + 84% QoQ) , or earning per shares of THB 1. 35. The performance vastly improved mostly from the refinery business recorded high utilization rate and better GRM, as well as the power
of profit from the Wind Power Plant business in the Philippines was THB 29 million, improvements in performance stemmed from its High Season, while the share of profit from the geothermal power plant