income decreased mainly due to lower gains on investments and net fees and service income. The main reason for the decrease in net fees and service income was the change in recognition of fee income from

recognition from Elite Havens which Company invested in late 2018. Excluding Dusit Thani Bangkok hotel, revenue from hotel business should increase by 2.9% • Owned Hotel Remark: Hotel statistics exclude Dusit

(Mutual Recognition of Funds between Hong Kong Special Administrative Region of the People's Republic of China and Thailand : HK-TH MRF) เป็นความร่วมมือเพื่ออำนวยความสะดวกแก่บริษัทหลักทรัพย์จัดการกองทุน

ETF) ​ Mutual Recognition of Funds between Hong Kong and Thailand (HK-TH MRF)​ การจัดตั้งกองทุนรวม Cross-border offering of funds ASEAN Collective Investment Schemes (ASEAN CIS) Asia Region Funds

, consolidation of CSL, and equipment rental from partnership with TOT. Service revenue was Bt144,005mn, increasing 8.3% YoY. Excluding IC & equipment rental, core service revenue was Bt133,429mn increasing 3.8

PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION 3 * primarily include the construction revenue recognition based on percentage of completion of Nam Che 1 in Lao PDR according to TFRIC 12

of more stringent supervision in line with international standards as well as international recognition of the SEC’s auditor supervision are increasing investor confidence in financial reports and

Solutions grew by THB 35.31 million or 13.43% from the recognition of license income and implementation fee from projects in Thailand and Malaysia, as well as, organic growth in recurring outsourcing income

management, compliance, and internal audit based on the principles of the Three Lines of Defense to ensure the effectiveness of securities company oversight and to further promote recognition of the

with independent audit regulator of each EU member state. This reliable audit oversight has translated into better and more credible financial information. Similarly, the international recognition of