expenses from the aforementioned EBT of UE. Reported share of loss from associates/JVs was THB 25mn, compared to a share of profit of THB 3mn in the same period of the previous year. The recognition of a

to temporary close shopping malls as well as a decrease in rental expense incurred to CPNREIT for the sublet of Hilton Pattaya. CPN demonstrated prudent cost control measures to be in-line with a

and the TFRS 9 revenue recognition concept adopted for calculation of interest income and fee income related to loan, as well as reduction of contributions to the Financial Institutions Development Fund

, a decrease of 48.0% YoY or THB 122mn. The decrease was primarily from the recognition of an FX gain from revaluation of loans of the European hotel business of THB 106mn, being partially offset by

loss and its movement shall be recognized to reflect the change of credit risk since initial recognition.  Hedge accounting which determines the type of transactions eligible for hedge accounting

Exchange of Thailand. The papers pointed out the significance of making prudent study on information and fundamental analysis of securities prior to making investment decision in order to mitigate trading

, in consistence with the current market conditions. Moreover, as the SEC aims to enhance investors? knowledge and encourage them to make prudent investment decision based on proper information, the new

standards. The key changes from the adoption of the above financial reporting standards are in the following areas:  The concept of interest recognition will be changed to recognize at effective interest

mall and become a convenient gathering for customers. Prudent Financial Management and Funding Strategy In 2017, CPN’s average cost of fund stood at 2.81%, lower than the previous year at 3.23

the recognition of  SEC Thailand on the global stage. Currently, the IOSCO Board comprises 35 member regulators from countries worldwide.