preparation for the adoption of IFRS 9, which will be effective in 2020, it would help supporting the financial stability in the Thai commercial banking system in order to accommodate loan growth in the next
percent increase from last year, due to rising interest income as loan growth accelerated. However, loan impairment charges set aside for credit losses in compliance with IFRS9, which will be effective in
Co., Ltd. in this information memorandum. 9 Cost Estimates : It comprises of 95% of raw materials, labor and other costs of the Self-operate Restaurants and 8% of selling and administrative expenses of
Hotel Bangkok employee cost and additional post- employment benefit expenses from the new labour protection act effective in 2Q19. Depreciation and amortization expenses were Baht 65 million in 4Q19
Analysis For 4Q19 and FY2019 P a g e | 2 Despite the lower hotel revenue from the closure of Dusit Thani Hotel Bangkok at the beginning of the year with carrying hotel staff cost, the Company reported the
entering the Company’s properties. Page 5 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 Additionally, the Company puts an emphasize on efficient cost management to
more efficient marketing by switching towards more cost-effective marketing channels, which decreased from the previous year by THB 3.3 Mn; the main factors for the increase were (1) higher marketing
Acknowledg Committee a 1.1 Ms.Pi 1.2 Mr.Su Effective fro Approved t replace the 2.1 Ms. Comm 2.2 Mr. S tion on the Directors, a nd Manager Exchange o orm for Re Audit Comm nformation M amended No ectors’ meet