increase resulted from the recognition of lease liabilities from the adoption of new TFRS16, and debt in foreign currencies that increase as a result of the Thai Baht depreciation, which was partially offset
margin of 11.48 percent in the same period the previous year. The lower gross margins were driven by a sharp declining in sales of exhaust pipes in the first quarter due to the suspension of production
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
) expects the Thai economy to contract by 6.7 percent. The main factors driving the economic downturn are the contraction in exports of services, predominantly tourism revenues following the sharp fall in the
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
months recorded a sharp increase by 573% from the same period of last year which was directly affected by a decrease in shares of loss and a lower of total expenses. Net Profit (Loss): EASON reported a net
in finance and investment for investors and the public. Having met the criteria for recognition and awarded certificates from the SEC, these participating businesses are as follows: 1) Maybank
audit of financial statements to ensure that they are prepared in accordance with accounting standards. The Value of Audit Research Project aims to promote recognition of the value of audit among
- denominated debt. Economic Outlook for 2020 In 2020, Thailand’s economic growth will likely slow to the range of 1.9 - 2.3 percent on account of several challenges. External factors include a sharp drop in
Supervisory Board No. Tor Nor. 42/2564 Re: Additional Provisions for Establishment and Management of Mutual Funds under the Mutual Recognition of Funds between Hong Kong Special Administrative Region of the