INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2020 SECURITIES AND EXCHANGE COMMISSION, THAILAND Contents Executive Summary 01 04 08 15 28 58 62 70 47 Quality Assurance Review Panel Activities for Enhancing Financial Reporting Quality Summary of Audit Inspection Results A. Firm-Level B. Engagement-Level Root Cause Analysis Framework and Focuses in 2021 Essential Statistics Auditing Landscape in Thailand Executive Summary Over the past year, the Thai capital market experienced tremendous volatili...
2018 gross profit margin was mainly driven by the adoption of economies of scale and efficient control of production cost. 2. Selling expenses In year 2018, the Company incurred selling expenses of Baht
overall international business grew 14.4% at constant FX rate. 9M’19 Net sales grew 5.7% YoY, driven by core businesses in both domestic and international markets. Domestic beverage and personal care grew
, our fixed broadband business (FBB), grew strongly achieving the target of 1 million subscribers in FY19 and increased subscriber market share to 10% from 8% in FY18. The solid growth was driven by a
in revenues from sales in this period. Gross profit margin in Q3/2018 was 63.46%, going up by 59.09% year-on-year. The growth in Q3/2018 gross profit margin was mainly driven by the adoption of
; Beverages business The beverage sales and services revenue was Baht 6,501 million, increased by Baht 515 million or 8.6% from last year which was Baht 5,986 million, driven by strong growth in export sales
revenue recovered QoQ due to strong subscriber acquisition as well as demand driven by government stimulus package. Fixed broadband and Enterprise business continued its growth momentum driven by the
data-driven supervision whereby responses to change will be faster and risks exposed to investors and the financial system will be managed in a more timely manner. In so doing, we change the mindset and
the same period of the last year which was driven by the declining of customers shopping and store closure in accordance with government measures to prevent the spread of Covid-19. However, continually
4,508 million, an increase of THB 754 million or 20.1% driven by higher sales of the energy drinks especially for export markets and greater sales growth from distribution of 3rd party’s products. Note: 1