cover specific industry. In addition, there was lack of consultation in complex areas and inadequate quality control review system. The SEC found that EQCRs did not review some important work papers or

inadequate as the documentation was sometimes found to be insufficient in assessing potential risks and identifying appropriate responses for those risks. The SEC expects audit firms to improve their risk

retail businesses, has also been impacted by several of Thailand’s economic indicators including the consumers’ confidence index which hit the lowest in 38 months, the floods in upcountry, as well as the

hit merchandise exports, and domestic demand. Private consumption indicators indicated the slower expansion in most sectors. Manufacturing production and private investment contracted. Nevertheless

governments and central banks to deliver unprecedented level of fiscal stimulus and highly accommodative monetary policies. As for Asia, we were one of the first to have been hit by the virus and the

higher demand from Cambodia and Myanmar. The Company’s sales to Myanmar and Cambodia hit a record high in 3Q19 and 4Q19 respectively. As to leverage the leading position in Cambodia, carbonated Carabao

Myanmar business. Personal Care Segment Total personal care revenues decreased by 21.9% YoY to THB 539 million. Beauty segments hardly hit by COVID-19 situation. Some categories of baby products also

opinion. After analyzing the root cause of these deficiencies, the SEC believes that they were caused by inadequate and/or inappropriate risk assessments during the audit planning stage. Therefore, it is

overall 2019 growth at 2.4% the lowest in five years. Exports were hit by trade tensions and the appreciation of the Thai baht had a detrimental effect, which fed through to the domestic economy. The

associate med well in t 7. nd others for ile the servic n baht or 86 s success in iaries hit the itutions. hange % 80.3% 31.1% 23.2% 36.4% 90.8% 19.1% 41.6% 90.8% 76.3% 183.9% 45.2% ich invested cted from the