economy growth in 2019, the slowdown of Government’s energy Saving programs promoting the replacement of conventional lamps to LED and the delays of sales revenue recognition resulting from product
ASEAN Collective Investment Schemes (CIS) Asia Region Funds Passport (ARFP) Foreign Exchange-Traded Fund (Foreign ETF) Mutual Recognition of Funds between Hong Kong and Thailand (HK-TH MRF
and the TFRS 9 revenue recognition concept adopted for calculation of interest income and fee income related to loan, as well as reduction of contributions to the Financial Institutions Development Fund
manufacturers. 38% derives from project bonds such as the US$850m Topaz solar bond issue in the US. These project bonds are attractive to institutional investors as they attain investment grade ratings of BBB or
presenters and should not be treated as those of the SEC Thailand. • These slides are not to be posted (on any websites or public domains), cited, copied or circulated. 2 Revenue recognition 3 Revenue
(TFRS 15) on Revenue from Contracts with Customers, effective on January 1, 2019 onwards, CPN has amended the recognition of revenue from food and beverages in 1Q19 to accurately reflect the business
Customers, effective on January 1, 2019 onwards, the Company has amended the recognition of revenue from food and beverages in 2019 to accurately reflect the business nature of food center services. Hence
business strategies, the aforementioned endeavors allowed KBank and K Companies to meet business targets and at the same time gain wide acceptance and recognition at home and abroad. B Contents Page
professions, etc. Prosperous growth with international recognition The SEC is a member of the International Forum of Independent Audit Regulators (IFIAR) and the ASEAN Audit Regulators Group (AARG) organization
Content Cross-border offering of funds ASEAN Collective Investment Schemes (CIS) Asia Region Funds Passport (ARFP) Foreign Exchange-Traded Fund (Foreign ETF) Mutual Recognition of Funds between