loan. Although, the non-performing loans affected profitability, but the Thai commercial banking system still remained sturdy. Credit Rating Land and Houses Bank Public Company Limited is assigned the
Resort Phuket had to be closed for 3 weeks in November as it was affected and damaged by the floods there. Additionally hotels in both Bangkok and the Maldives have recovered. And despite achieved sales
cost under the operation of CBD was affected by the rising costs of key raw material price and packaging costs including sugar, taurine, caffeine, guarana and amber glass bottles as well as conversion
’ debt servicing ability. 5 1.3 Regulatory Changes2 Significant regulatory changes in 2017 that may have affected KBank’s and K Companies’ business operations included: Relaxation of Foreign Exchange
week respectively. In consequence, the route network development affected ASK growth at 9.7 percent compared with last year. International point-of-sales were our main target customers. The major
Asia at 12.0 and 8.7 percent respectively. Nevertheless, the boat accident in Phuket in July 2018 had affected the number of Chinese tourists to Thailand. The number of Chinese tourist’s arrival to
inevitably hurt commercial banks’ opportunities and business operations. 1.3 Significant Regulations and Rules related to Business Operations2 Significant regulations and rules that may have affected KBank’s
serviceability. Although the deterioration in credit quality affected profitability, but Thai commercial banking system’s remained sound as banks continued to closely monitor credit quality and maintained high
the Company’s expectation given the intense competition in certain areas, such as Nakhon Ratchasima. Although rental rate escalations were affected and discount rates were higher in certain locations