recorded at the time of acquisition of GLAND, which reflected the fair value of GLAND’s investment properties at that time. As a result, the depreciation and amortization expenses from those investment
, USD 123.90 million will be converted into equity while the remaining will be recorded as gain from debt restructuring. This debt restructuring shall be proposed to seek an approval from the
same period last year. Total operating income amounted to Baht 4,294 million, decreased by 2.3% yoy. In addition to net interest income and net fees and services income, the Bank recorded gain on trading
recorded a net income receipt of THB 175 mn, mainly related to the execution fee received from CPNREIT in proceeding with the lease of the properties, following the conversion of CPNRF to CPNREIT and the
against THB 109 million recorded for the same period last year mainly due to reduction in volume in the current year. Administrative Expenses Administrative expenses for 3rd Quarter 2019 and 2018 amounting
accounts had been recorded. In addition, decreasing in employee expenses were in line with decreasing revenue. As the result, the administrative expenses of Q1–2018 were lower than those of Q4–2017
Business improved from 31.6% in 1Q2017 to 35.1% in 1Q2018 mainly due to increased selling volume and ability to manage operating costs effectively. Our 1Q2018 Gross Profit was recorded at Baht 149.0 million
and separately presented under share of gain (loss) from investment in joint venture. Hotel business recorded a revenue growth of 9% YoY due to stronger performance of Phi Phi Village after completion
their term payment, the Company set the net unrealized values at 0.13 million baht. The Company recorded the allowance for doubtful account for only debtors who were overdue. The Company would consider at