Source: Steel Business Briefing The company reported better performance in this quarter from THB -126 million to THB -24 million. However, there was a one-time item that recorded loss from debt
amounted to THB 418 mn and THB 67 mn respectively. The difference versus GLAND’s reported statement of comprehensive income comes from the investment properties that CPN recorded at the time of acquisition
GLAND’s reported statement of comprehensive income comes from the investment properties that CPN recorded at the time of acquisition of GLAND, which reflected the fair value of GLAND’s investment properties
November 5, 2018. For the consolidated financial statements as of 3Q18, CPN recorded an increase in investment properties at THB 23,370 mn and an increase in interest-bearing debt of THB 7,849 mn based on
143 mn). The difference versus GLAND’s reported statement of comprehensive income comes from the investment properties that CPN recorded at the time of acquisition of GLAND, which reflected the fair
, declining by 15.2% from 3Q19 amount of Baht 1,208 million driven by lower loan related fee which under TFRS 9 is amortized and recorded in net interest income. Fee from Asset Management business totaled Baht
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