of audit firms reporting to audit committees on a limited range of inspection findings. Income taxes : Sometimes, firms involved in structuring taxes planning are also working on the audit; this could
rating to be enhanced from its stand-alone rating. On a stand-alone basis, TRIS’s view remains unchanged. The Company’s business performance has been relatively strong and stable from its well-diversified
year, representing a seven-year high and it remains a driving force of the economy this year according to the Bank of Thailand. GDP has again been upgraded from 3.8-4% to 4-4.5% which is positive for the
month, totaling Baht 14,400 per month, is deemed to be justifiable in comparison with the market rate in adjacent areas, and remains at the same rate as that under the existing agreement (lease term from
eight- year low in March. To soften the blow, the government announced various new fiscal measures, which now total THB 1.5 trillion (8.9% of 2019 GDP) and range from financial support for employees and
back expected +4-5% range. We expect the overall burnt and crude product market contraction in 2020 and expansion in 2021 to be in the same range. This being said, we do not expect further major
capitalized device subsidies. Considering the entire contract term, profitability of the contract remains the same. Please note that our guidance for FY19 provided on page 6 does not take into account TFRS 15
aerated concrete blocks is gaining further ground. The nonferrous mining segment in our key export market Laos remains strong. Generally, export growth in Thailand has also translated into lime exports
containing the COVID-19, economic growth is forecasted to contract by -7.8%1; the lowest growth among ASEAN countries. In addition, a range of political issues are loading to an uncertain economic recovery
Company opened Dusit Doha Hotel, our first hotel in Qatar. Most recently on May 1st, DTC opened a new hotel in Thailand “Dusit Suites Hotel Ratchadamri, Bangkok”. The Company’s hotel expansion remains via