expense over earned premium moreover increased from 58.1 % in the same period last year to 63.5% this year because the term and condition of compulsory motor policies had been adjusted in accordance with
three-month period ended September 30, 2019 is THB 58.91 million, an increase of THB 31.19 million (112.5%) relative to last year quarter’s. This is mainly due to the following factors: 1. Motor insurance
Understanding (MoU) where Suzuki Motor Corporation planned to purchase from the said sellers the shares of Thai Suzuki Motor Co., Ltd. The MoU prescribed a condition that the sellers must proceed to either close
charges against officials of the Bangkok Metropolitan Administration (BMA) and the two companies - Krungthep Thanakom Co., Ltd. (KT), Bangkok Mass Transit System PLC (BTSC) ? including their executives for
higher than MACO’s Domestic Advertising segment due to higher cost from concession in Transit and Airport media. As a result, overall gross profit margin was decreased from 34.4% to 24.0%. Selling, General
in relation to advertising spaces, office building spaces, motor vehicles and equipment and the relevant service agreements and the terms of such agreements are 1 – 9 years. In this regard, under the
Chairman, Society of Khonkaen Province Bank Chairman, Khon Kaen City Development (KKTT) Co., Ltd. and Khon Kaen Transit System Co., Ltd., at Khon Kaen City Hall. This is deemed as a pilot project and is
amount of Baht 47.69 million, due to several large claims incurred in this quarter and also the increase of company’s retention in motor compulsory business. 2. The decrease of net investment revenue and
over net earned premium increased from 57.77% in the same quarter last year to 62.51%, as the terms and conditions of compulsory motor insurance had been adjusted in accordance with the notification of
declined from 63.48% to 58.46% mainly because the Company had adjusted the premium rate and condition of some non-motor policies. The overall loss ratio therefore was in decline. 2. Net investment revenue