income decreased mainly due to lower gains on investments and net fees and service income. The main reason for the decrease in net fees and service income was the change in recognition of fee income from
of 2017 due to the appreciation of AUD currency in relative to USD currency, resulting in the increase of net asset value in AUD currency. 2.2 Share of profits of associated entities and joint ventures
(Mutual Recognition of Funds between Hong Kong Special Administrative Region of the People's Republic of China and Thailand : HK-TH MRF) เป็นความร่วมมือเพื่ออำนวยความสะดวกแก่บริษัทหลักทรัพย์จัดการกองทุน
aim to conclude on key terms and conditions with Siemens by Q2’2018 and the first implementation will be on the coming major overhaul of ABP3 around the end of this year. Awards and recognition In 2017
Baht appreciation, affected to production competitiveness that manufacturers made decision to shift production base or import materials from foreign. Similarly, private investment sector and employment
number of increases is less than the number of decreases. As a result, overall export revenue is less. 2. The impact of the appreciation in Thai baht resulted in the Company’s revenue in Thai baht
impact from currencies appreciation as compared to previous year. 3. Selling and Administrative Expenses For the year 2018, the Company’s SG&A expenses were Bt. 4,247.97 million or 3.76% of the total sales
% decrease from Baht 2,583.2 million of 2018. The decrease was mainly from lower contribution from GHECO-One mainly driven by lower Availability Payment Rate and Thai Baht appreciation, despite additional
lower Availability Payment Rate and Thai Baht appreciation. Normalized Share of Profit/(Loss) from Investments of Utilities Business was Baht (13.5) million due to the recognition from Share of Loss from