expenses to prepare for the Company’s upcoming Page 5 as well as loss recognition of Baht 1 million from Monde Malee Beverage Corporation (MMBC), the Company’s joint venture in the Philippines. leaping
' development progress not achieve the Company's target. Management Discussion and Analysis For the Three-month and Nine-month Periods Ended 30 September, 2017 Page 2 2. Operation performance according to
profitability. The Company has added new growth engines through both organic and inorganic expansion which enable MACO to achieve an outstanding top and bottom line performance compared to the same period last
, decreasing by THB 380.44 million. The main reason was the recognition of loss on foreign exchange as AUD currency depreciated in relative to USD currency. However, the operating result for the 1st quarter of
, the Company continues to achieve the targeted rental rate growth for the rest of the shopping malls. The same store rental revenue excludes that of 1.) the new mall in 2018, namely Central Phuket
basis.This initiative also complements a similar initiative by the International Forum of Independent Audit Regulators (IFIAR) in March 2016 to achieve a targeted reduction in audit inspection findings
standards. The key changes from the adoption of the above financial reporting standards are in the following areas: The concept of interest recognition will be changed to recognize at effective interest
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
decrease of 17.3% YoY, mainly due to the recognition of non-recurring income from the insurance claim under terrorism coverage of THB 3,500 mn in the prior year. Excluding the non-recurring items CPN