debt restructuring (reversal) (184) (6) (144) (2,966.7)% (27.8)% 1,143 3,607 (68.3)% Total 16,342 5,381 2,765 203.7% 491.0% 32,351 21,965 47.3% Significant Items in the Financial Position Assets Total

6,420 2,792 (27.5)% 66.7% 22,712 15,351 48.0% Loss on debt restructuring (reversal) (37) (161) 804 77.0% (104.6)% (342) 377 (190.7)% Total 4,617 6,259 3,596 (26.2)% 28.4% 22,370 15,728 42.2% Impairment

quarter still reflects crude price sentiment from Q4/2018, leaving the refinery business with minor inventory loss (included a reversal of lower of cost or market (LCM) of THB 689 million), whereas, during

% -24% Reversal of allowance for gain/(loss) from impairment of assets (101) (78) - N/A N/A Share of profit (loss) of associate 18 324 92 422% -72% Profit before finance costs and income tax expense 3,035

forward contracts (19) - 95 N/A N/A 18 95 N/A Gain (loss) on foreign exchange 92 172 (39) N/A N/A 363 133 N/A Reversal of allowance for gain/(loss) from impairment of assets 19 - (412) N/A N/A (82) (412) N

towards the end of the quarter, although during July and August 2018, crude price adjusted downward, whereas in Q3/2017 there was an inventory gain in the amount of THB 450 million ( including reversal LCM

) Gross profit 839.79 46.00 933.45 48.17 921.95 47.78 719.27 47.77 632.00 46.26 Reversal of doubtful accounts - net (5.39) (0.30) 16.37 0.84 2.67 0.14 2.95 0.20 0.17 0.01 Revenue from sales of newborn

A String of Earnings Increases, Future Earnings Uncertainty, and Firm Fundamentals* Sarayut Rueangsuwan † Kasetsart University, Thailand August 2015 Abstract Prior literature on meeting or beating earnings benchmarks extensively documents that market rewards firms reporting a string of consecutively earnings increases. To date, it is still unclear what an earnings string really means. This paper empirically provides rational explanations for this phenomenon by investigating whether the increment...

Activity report 2017En CAPITAL MARKET FOR ALL INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2017 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2017 Executive Summary Quality Assurance Review Panel Activities for Enhancing Financial Reporting Quality Framework and Focuses in 2018 Root Cause Analysis Summary of Audit Inspection Results A. Firm Level B. Engagement Level Essential Statistics 49 4412 46 0402 07 Contents Executive Summary The capital market is a fundamental component in driving Thai...

June 2019, average Dubai oil price turn around and started declining. As such, in Q1/2019 the refinery recorded an inventory loss of THB 9 million (including reversal of LCM THB 689 million). 3. BCP