monitor the effectiveness of the company’s risk management. 6.1.7 The board has to ensure and monitor that the company complies with relevant and applicable law and standards, whether domestic
efficiency and effectiveness of engagement performance. Most observations from the engagement-level inspections in the past inspection cycle were related to audit planning and audit of difficult and complex
and mindset. A series of Change programs are expected to enhance market efficiency, financial product innovation, cost-effectiveness, and business sector competitiveness in the global arena, as laid out
importance on supporting functions, which are in harmony with our business directions that focus on effective, timely and proactive integrated risk management (IRM), internal operation efficiency, maximized
million baht 4,929 5,516 6,714 %net profit change of (%) (10.65%) (17.84%) 12.97% Net profit margin (%) 10.00% 11.77% 14.30% Net profit to total revenues (%) 9.78% 11.58% 13.99% Efficiency Ratios Return on
our strengths while ensuring cost- effectiveness, and to better serve customer needs that are ever more complex and varied. However, connectivity of KBank to other businesses within the ecosystem may
) contains a salient point on amendment to the Bank of Thailand’s limited authority under Financial Institution Business Act B.E. 2551 (2008) to ensure enhanced efficiency in supervising specialized financial
issues, if any. - The audit firm leader should emphasize the allocation of the time to monitoring function to enhance the effectiveness and efficiency of the monitoring. 27 In 2016, the SEC inspected 100
. 2019 gross profit increased by THB 1,063 million (or +13.5% YoY) to THB 8,946 million. This showed continued improvement throughout the year since Q4’18 thanks to “Fit Fast Firm” project (efficiency
million (+6.9% YoY) to THB 2,367 million. The continuous improvement in gross margin showed the effectiveness of “Fit Fast Firm” project (efficiency improvement and cost saving program) that helped driving