The First Analysis of Thai Key Audit Matters: Are Investors Sentimental to Key Audit Matters? Weerapong Kitiwong Erboon Ekasingh Naruanard Sarapaivanich Department of Accounting, Faculty of Business
decline in revenue from dessert café, which was attributed to the lower traffics in shopping malls and weaker consumption sentiment following COVID-19 concerns together with the closure of shopping malls
2Q19 stood at 73%, expecting to grow throughout the year. Central Phuket opened a world-class luxury zone, gathering the best of global luxury brand for example, BALENCIAGA, BVLGARI, CHLOÉ, GUCCI, HERMÈS
17,000 visitors per day. The first phase accounted for approximately 20,000 sqm. NLA with occupancy rate stood at 77% at the end of 3Q19. Opened the largest aquarium in Thailand “AQUARIA Phuket” at Central
had opened 1 new Thai Watsadu store at Amata Nakorn in Chonburi in this quarter. III. Revenue from sales from food segment was THB 17,424 million, decreased by 11.3% from the same period of the last
sluggish effecting from Trade War which impacted the global economic sentiment. However, the Thai economy is attributed mainly by number of factors, namely 1.) Growth in Tourism sector particularly in 2H19 2
economy continues its growth momentum following the GDP expansion by 4.8% in 1Q18. The growth is attributed to a number of factors, namely 1.) exports growth in-line with the improving sentiment of the
US-China trade war and Brexit. These two factors contributed to risk-off sentiment in financial markets. Investors therefore increased their holding of safe-haven assets. This led to greater capital
consumption sentiment effecting whole foodservice and retail industry in Thailand. • Revenue from Non-café in Q4/2019 was THB 10 million which decreased by THB 7 million or 41% from Q4/2018 due to the lower