raise public awareness and understanding in savings and investments and enable them to access the products suitable to their investment profile with  a view to saving sufficient assets for their

years. As a consequence the increased assets value will be further depreciated accordingly the extended useful life. The company continues to make significant progress in the realization of its make-over

Smart Traffic Co., Ltd. to the existing shareholders at a price of Baht 20 million and to the third parties at a price of Baht 18 million by mean of bidding resulting in the Company’s realization of the

and new customers in manufacturing. - Lease receivables were increased by Baht 83.74 million because of the realization pf lease receivables in accordance with TFRS16. - Investment in the associated

45.40 million, because the Company had to reserve packages and raw materials for customers in manufacturing. - Lease receivables were increased by Baht 89.01 million because of the realization pf lease

, revenues realization have more than last quarter Baht 128.61 million. Service Income In 2019, the company’s and subsidiaries’ service income was totally Baht 9.7 million, whereas Baht 0.41 million in 2018

0.31 million, respectively. Income Tax Expense The Company and its subsidiaries’ income tax expenses in the 1st quarter of 2019 were Baht 5.70 million. This figure resulted from realization of EIC

subsidiaries’ income tax revenue in the 3rd quarter of 2019 were Baht 0.8 million, resulted from realization of deferred tax assets on employee benefit. Income tax expenses for 3rd quarter of 2018 was mainly

and loss from impairment of investments in related companies, Sahachol Foods Supplies Company Limited amounting to 1.35 million baht. The realization of the gain on disposal of assets from the

Activity_Report_62En INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2019 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2019 Contents Executive Summary 02 42 45 19 30 04 08 14 Quality Assurance Review Panel Activities for Enhancing Financial Reporting Quality Summary of Audit Inspection Results B. Engagement-Level A. Firm-Level 38 Root Cause Analysis Framework and Focuses in 2019 Essential Statistics Auditing Landscape in Thailand Executive Summary The capital market plays an important role in d...