consolidated revenues were 5,494 million baht, showing an increase of 477 million baht or 10% y-y and 4% q-q. This was mainly contributed from an increase in core business revenues that increased by 8% y-y and 4
in the commercial banking system, with a high level of liquidity than required by the Bank of Thailand. Infrastructure investment progress needs to be closely monitored as more bidding processes will
. In 2018, the Thai economy has grown at a continuously solid level with a GDP expansion of approximately 4.1% YoY. The growth is attributed to a number of factors, namely 1.) strong export growth
while revenue from residential projects is expected to increase in 2H19 and accordingly with CPN’s business plan. In 2Q19, growth in the Thai economy decelerated primarily driven by a decline in export
depressions in farm income and high level of household debt while inflation remains at a low level. Other key risks that need to be monitored are the slowdown in global economy especially the Chinese economy
. MahaNakhon Project: The Ritz-Carlton Residences, Bangkok (“RCR”) of MahaNakhon project has started transferring the residences to the customers since April 2016, and also showed all-time high in term of
high at 114.02 KBD. Marketing Business was able to increase market share and maintain its 2nd position in the market. Power Plant Business realized additional profit from Solar and Wind Power Plants. As
% lower than 2016 6.8% due to revenues from lending business, which has a high margin in Gross Profit level, was decline. Administrative Expenses The Company incurred administrative expenses 211.0 million
equivalent to 7.11% decreased resulting from the lower level in both average trade accounts receivable and inventory. The trade accounts payable as of Q2/2018 was Baht 271 million, an increase of Baht 92