media revenue resulted from revenue growth of our Outdoor and Office & Other media businesses. Within the OOH media, Transit media revenue decreased by 7.2% YoY to THB 535mn. The decrease was primarily
amid high household debt, whereas public investment and the government’s budget disbursement were affected by a delay in the formation of a new government. Nevertheless, economic stability remained sound
high level of household debt limiting widespread consumption 2) Escalating trade tension between US and the rest of the world including a slowdown in the Chinese economy which could negatively impact
14 Unit : Million Baht 30 June 2017 31 December 2016 % Increase (Decrease) Assets Current assets Cash and cash equivalents 621 623 (0%) Temporary investment - trading security 94 - 100% Trade accounts
due to the decrease of Operating Revenue of Self- Managed Hotels and Outrigger Hotels from COVID-19 pandemic. Management’s Discussion and Analysis S Hotels and Resorts Public Company Limited S Hotels
other operating expenses 2,462,203 2,060,064 402,139 19.5 Impairment loss on loans and debt securities 484,520 433,670 50,850 11.7 Profit from operating before income tax expenses 1,494,151 1,844,833
especially in real estate sector. On economic stability, inflation has slowed down due to the decrease in retail petroleum prices. 3. WATER SITUATION As of 26 July 2019, the water supply situation in Chonburi
liquidity analysis, current ratio decreased to 0.44 times because of decrease in cash on hand and increase in payable for purchase of fixed assets. Debt to equity ratio was at 0.97 times in-line with
debt in amount of THB 12,183.7 million. Furthermore, the Company obtained additional loan from financial institutions for Project Crossroads Phase 1 development costs leading to the increase of IBD/E