Unearned income lower by 216.8 million baht as a consequence of lower advanced bookings after peak travel season. Other current liabilities amounting to 1,846.5 million baht, lower by 230.5 million baht
from the US foreign trade policies and retaliatory measures by major advanced economies as well as volatility in the global financial markets. In the meantime, the domestic political situation warrants
Management’s Discussion and Analysis (MD&A) Page 6 of 16 • In 3Q18, CPN had recognized a reversal of advanced leasehold right amounting of THB 308 mn under other income as a result of Rama 2 land lease extension
presented and have right to vote which excludes shareholders who have conflicts of interest. In the regard, there are no shareholders who have conflict of interest regarding this transaction. In addition, the
during the period. Unearned revenue decreased by 187.3 baht from 31 December 2018 as a consequence of lower advanced bookings compared with same period last year. Other current liabilities amounting to
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quarter, net interest income advanced over-quarter and over-year. Likewise, net interest margin (NIM) was stable from the previous quarter. This reflected commercial banks’ attempts to manage funding cost
economy remained in the doldrums, as evidenced by slowdowns in both advanced and emerging economies. Negative factors included the persistent US-China trade rift and concerns about a no-deal Brexit. Worse
Fund had maintained its global economic projection for 2018 at 3.9 percent given that the US economy is expected to be bolstered by tax cuts and government spending hikes whereas other advanced economies