of international tourists. Private investment is prone to recover in the second half of 2017 especially in automobile equipment, consistent with significant growth of passenger car sales in Q3
share of investment in JV and associates and non-recurring expenses. 2As shown in financial statement, excluding minority interest. 3Net profit excludes minority interest, is adjusted for amortisation of
-1.22 -1.91 0.69 -36.1% -4.25 -6.67 2.42 -36.3% Share of income from investment in associate 0.58 0.42 0.16 38.1% 1.24 1.22 0.02 1.6% Corporate Income tax expenses -17.27 -13.11 -4.16 31.7% -49.88 -36.87
is the Company’s connected party, to own and have the absolute controlling power in the project SHAA Asoke; 2) investment in ONE CITY CENTRE (“OCC”) – grade A office building development project for a
1,586.14 -12.47 -0.8% Earning before interest and tax 65.39 90.65 -25.26 -27.9% 137.31 166.19 -28.88 -17.4% Financial expenses -1.30 -1.38 0.08 -5.8% -2.63 -3.03 0.40 -13.2% Share of income from investment
-21.88 -33.5% 78.45 137.31 -58.86 -42.9% Financial expenses -0.87 -1.30 0.43 -33.1% -2.03 -2.63 0.60 -22.8% Share of income from investment in associate 0.55 0.40 -0.15 -37.5% 1.07 0.82 0.25 30.5
Commercial Banking In 2019, the Thai economy grew at a slower pace than the previous year and below its potential. Growth is estimated at 2.5%, the lowest level since 2015 and a significant drop from 4.1% in
airline business, 7.3 percentage growth in both airport business and airport-related businesses, excluding cargo services. The significant increased amount derived from airport related businesses which