individual auditors’ engagement. The overall results of the inspection conducted on 13 audit firms in 2016 during the third cycle, which is between 2016 to 2018, indicated continuous improvement from the
efficiently. However, in 2017 we identified findings on the performance evaluation of partners in certain audit firms as follows: nd 14 Findings identified by the SEC The recommendations for improvement 2
anticipated in Golden Lime Public Company Limited 3 MANAGEMENT DISCUSSION AND ANALYSIS FOR PERIOD ENDED 31 DECEMBER 2017 2018 as steel consumption in Thailand continues to grow with the economy. Certain other
of 16% from 9-month/2018 which results from the reallocation of certain SG&A expenses (e.g. electricity, rental expenses, etc) in the previous year into the COGS categories resulting in less gross
. The SEC also encouraged audit firms to prepare for compliance with the International Standard on Quality Management 1 to drive the improvement of the quality control system of audit firms in the capital
Net debt to equity ratio as of 31 March 2018 stood at 0.34x, an improvement from 0.93x in 31 December 2017. Current ratio as of the same date stood at 3.09x, a significant improvement from 1.70x, both
December 2018 stood at 0.55x, an improvement from 0.93x in 31 December 2017. Current ratio as of the same date and period stood at 2.67x, a considerable improvement from 1.69x, both mainly as a result of the
an increase in total revenue of 81% YoY. These were mainly from a (one-time) recognition of an upfront 50-year lease payment of a certain office space at Singha Complex and higher contribution from
maintained its growth momentum. Similarly, Thailand’s major economic indicators continued to exhibit growth, as evidenced by brighter exports, government spending and private spending on certain items of
improvement in employee benefit according to Labor Protection Act No.7 Loss on impairment of asset of 149.44 Million Baht as increased this quarter due to loss from impairment of investment on assets in the