qualified opinion on TIES’s 2014 financial statements in relation to the construction cost reports for construction contracts not prepared in accordance with its accounting policy. Besides, the accounting
Standards (IFRS9) in 2020. Emerging Risks Over the next five years, the Thai banking system will face numerous challenges. Aside from impacts on economic and business trends, they may affect the commercial
estate market is explored in order to diversify business risk and boost recurring income. Apart from developing residential condominiums, the Company also provides real estate services and property
social security income of 4Q’17 for amount of THB 10.7 million. Without taken into account this extra expense, the administrative expenses will increase by 12% yoy. Apart from the accounting expense, the
increased expenses related to the acquisition of SGAH. Apart from these extraordinary items, net profit improvement was also attributed to increased share of profit from associate companies, mainly Hyundai
Jeunes Sommeliers Compétition 2017 in Thailand, and Globe in a Glass in India. Apart from the above brand activities, the Company has uplifted Ocean, Ocean Professional, and LUCARIS Brands by creating a
worth combine above THB 8bn per year, apart from the 2 projects which the Company had announced a joint venture with Tokyo Tatemono, the Company has already prepared to buy new plots of land, in CBD, for
, accounting for 50% of the value of the project. Apart from developing property projects, the Company also provides comprehensive real estate services and other services to other companies. It will generate
right of THB 1,209.4mn for the land plot on Ploenchit road which the Company was handed over land plot and registered the leasehold right with the Land Department in April 2018. Apart from that, the
expense, the administrative expenses will increase by 7% and 20% in 2Q’18 and 1H18, respectively. Apart from the accounting expense, the increase of administrative expenses during 1H18 was due to one-time