promotes culture, art, creativity and “savoir-faire” throughout the world, and invests significantly in people, R&D and innovation. At the end of 2019, CHANEL employed close to 28,000 people worldwide
, change in regulation for retirement provisioning). As a result after a very successful 2018 with over 24% topline and 30% EBITDA growth, this year has witnessed a 13% revenue and 28% consolidate EBITDA
) was 3.8 percent. In line with the prudent approach of setting aside adequate provisioning expenses, the Bank’s total allowances for doubtful accounts amounted to Baht 146.8 billion, which will provide a
prudent measure in provisioning for 5 additional impairment on revaluation of foreclosed. After assessing the continued uncertainties from the current situation, the Bank also prudently set up additional
Discussion and Analysis For 1Q19 P a g e | 8 facilitate maximum creativity, the flexible spaces will allow renters to meet, work and play in style. - Currently, Dusit Thani Bangkok hotel is during demolition
contribution due to provisioning needs for old receivables. A similar impact is seen year to date where core business is running well beyond the same period in 2017 while the impact from lack of engineering
provisioning rate. Operating expense marginally decreased by 0.4 percent from last year. The cost to income ratio was poised well at 41.1 percent. At the end of December 2019, loan amounted to Baht 2,061,309
of net NPL to net total loans 1.2% 1.2% 1.2% - - Ratio of loan loss reserves to minimum required provisioning 244.7% 238.9% 199.6% 5.8% 45.1% Ratio of loan loss reserves to NPL 189.0% 190.9% 159.3
loan segments taking into account updates from the current situations and has continuously set aside prudent provisioning level for possible deterioration in asset quality post relief periods. Capital
facilitate maximum creativity, the flexible spaces will allow renters to meet, work and play in style. - The Company is currently preparing and obtaining necessary permits for the construction as originally