quality in these areas. The root cause analysis on some audit firms’ continual lack of the ability to fully remediate their deficiencies revealed a scarcity of experienced and competent staff to assume
in the export and tourism sectors 3) Low level of inflation - impacting manufacturers ability to determine pricing and 4) Strengthening of the Thai Baht - 6.7% against the US Dollar since the beginning
majority of other incomes came from bad debt recovery of 500 million baht and gain on sales of written-off accounts receivable of 346 million baht. Moreover, the income for the fiscal year 2016 of company’s
deposits received from customers of 3,845 Million Baht, deferred tax liability on gain from JV transaction of 2,205 Million Baht. Total interest bearing debts equaled to 20,336 Million Baht. Shareholders
Baht, debentures (net) of 1,805 Million Baht and advances and deposits received from customers of 3,845 Million Baht, deferred tax liability on gain from JV transaction of 1,856 Million Baht. Total
business that could have an impact on its ability to fulfill its obligations on the debt securities or affect its solvency. Include discussion about the nature and results of any material reclassification
their concern on ability to manage liquidity and debt-servicing ability of households and businesses. Although the deterioration in credit quality affected profitability, Thai commercial banking system
Profits increased 40% to THB 539m in Q2 2017 from THB 384m in Q2 2016. Net Profit increased 62% to THB 676m in Q217 from THB 417m in Q216, due to higher operating profits and exchange gain in Q217. Quarter
Profits increased 17% to THB 632m in Q3 2017 from THB 540m in Q3 2016. Net Profit increased 35% to THB 769m in Q317 from THB 569m in Q316, due to higher operating profits and exchange gain in Q317. Quarter