million) which was charged from the contract party, resulting in substantial rise in net profit of Q1/2010 at Baht 1,788.1 million which rose by 193.47% from the same period of 2009. Mr. Choavalit as a
been given an order to rectify its impaired financial condition by way of capital decrease and subsequent capital increase with an assistance from a government agency or a state-owned financial
approved by the regulatory agency of such financial institution or the Board of the Financial Restructuring Authority (FRA), or which has been given an order to rectify its impaired financial condition by
approved by the regulatory agency of such financial institution or the Board of the Financial Restructuring Authority (FRA), or which has been given an order to rectify its impaired financial condition by
auditing standards or inappropriate exercising of professional skepticism. The quality of engagement performance and the opinion on the financial statements may be impaired. • Establish policy on the
interest rate unchanged at 1.50 percent as it viewed that the current accommodative policy stance is still needed to strengthen the continuation of growth in domestic demand and support the rise of headline
Thai Baht’s rise. Meanwhile, domestic interest rates dropped across all maturities. The Monetary Policy Committee (MPC) resolved to slash the policy rate by 25 basis points in its August 2019 meeting
due to lower consumer confidence and overall consumption. Demand for housing loans also fell, especially low-rise housing. Going forward, financial institutions expect increasing demand for loans from
obligations. Also, certain terms and conditions in the relevant agreements may give rise to accounting issues; in particular, whether such transaction could be recorded as true sale or borrowing, the difference
business (Net written premium). A fall in Loss Ratio, together with a rise in earned premium and sales, resulted in an overall underwriting profit (before income tax expense) of THB 30.41 million, an