fees and service income resulting from the cancellation of funds transfer fees via digital channels and a decrease in net premiums earned - net. Furthermore, certain banks were burdened with increased
total cost increased 5.2% YoY. Total administrative expenses decreased 2.8% YoY. Gross profit ratio and operating profit ratio stood at 48% and 34.8%, respectively. Net profit decreased 8.7% YoY. Overall
performance in the third quarter of 2019 recorded an increase in net profit over-quarter and over-year. Compared to the same period of last year, the improved performance was attributed to increased non
- commissioning activities planned in December 2017 and startup early 2018. In addition to improved cash flows as a result of the better performance, the Company’s Balance Sheet al- so strengthened as a consequence
shareholding in ICUK, which is indirectly held by CVHLUX, increased from 51.0% to approximately 84.3% 2/ The Company’s management prepared consolidated financial statements of CVHLUX (unreviewed and unaudited
by CVHLUX, increased from 51.0% to approximately 84.3% 2/ CVHLUX is exempted from preparing an audited financial statement for the period ending 31 December 2016 within its jurisdiction. The Company’s
shareholders in the Extraordinary Meeting of Shareholders No. 1/2017 on September 8, 2017 for an increased investment in Carnival Magic Project to THB 3,570 million is not sufficient. 4 Therefore, in order to
costs. Hence, the ratification of shareholders in the Extraordinary Meeting of Shareholders No. 1/2017 on September 8, 2017 for an increased investment in Carnival Magic Project to THB 3,570 million is
impacts of layoffs, reduced income and reduced confidence due to increased uncertainty about the future. As a result, private consumption is expected to contract, although government measures could help