audit quality, training sessions on how to remedy the recurring deficiencies identified in several audit firms. Such efforts to develop audit 02 quality have evidently paid off with the improvement of the

improvement on clearer signs of global economic recovery and progress in the government’s megaprojects. KBank was therefore able to manage our credit and asset quality in line with the set targets despite Thai

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

% in previous year to 26.43% due to change in product sales mix of general merchandise and the enhancement of directly sourced private-label goods’ profit margin, as well as the continuous efficiency

shareholding through Phuket Fantasea. Accordingly, the Company’s Board of Directors’ Meeting No. 5/2015 on the 27th May 2015 had a resolution to acknowledge the construction progress of Carnival Magic Project

the enhancement of our business capabilities to achieve sustainable growth and maintain our market leadership over the long term through collaboration and synergy with other companies within

from our first hydro power projects – XXHP – achieved COD in August 1, 2017 with an installed capacity of 20 megawatts. ABBREVIATION & OUR PROJECTS FINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF

the business plan. CPN continues to emphasize on effective revenue generation through new shopping malls, enhancement of existing malls, new mixed-use development projects, such as residential

malls, enhancement of existing malls, new mixed-use development projects, such as residential development, study into value-accretive merger and acquisition (M&A) opportunities, as well as apply efficient

earnings are supported by the Feedstock and PET segments led by the ongoing stra- tegic acquisitions and improving margins respectively. Our HVA strategy continues to deliver enhancement to our earnings in