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
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
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251 million, advanced payment from the preparation for the Solar Power Plant Project decreased by the amount of THB 352 million, receivable from the revenue department decreased by THB 142 million from