debentures on March 28, 2018 and partly to the Baht’s appreciation. Shareholders’ Equity Shareholders’ equity attributable to owners of the Bank as of March 31, 2018 amounted to Baht 405.5 billion, an increase

of US dollar debts; the company booked unrealized gain of Baht 605 million in 2019 from the THB appreciation against US dollar during that period while there was unrealized loss of Baht 81 million in

Baht’s appreciation. Shareholders’ Equity Shareholders’ equity (attributable to the Bank) as of September 30, 2017 amounted to Baht 393.0 billion, an increase of Baht 14.0 billion or 3.7 percent from the

in Q2’2019: This item mainly comes from the outstanding of US dollar debts; the company booked unrealized gain of Baht 277 million in Q2’2019 from the Thai Baht appreciation against US dollar during

), as TETSO have started commercial run in late March 2018. Therefore, TETSO has not yet to be recognized for the revenues from operations. Lastly the company was also impacted from the Baht appreciation

Thai Baht appreciation has risen since the beginning of this year, there is loss on exchange rate for this period. - Translation - JKN GLOBAL MEDIA PUBLIC COMPANY LIMITED Management Discussion and

7,777 respectively. The changes was primarily due to impact of the economic slowdown, Thai Baht appreciation and competition in Samui market. Outrigger Hotels Indicators 2018 2019 %change Quarter 4/2018

due to effective in cost management and currency appreciation than the previous year resulting in lower product costs. In the year 2019, the exchange rate was between 30.33 – 32.53 Baht per 1 US dollar

% decrease from Baht 2,583.2 million of 2018. The decrease was mainly from lower contribution from GHECO-One mainly driven by lower Availability Payment Rate and Thai Baht appreciation, despite additional

from Baht 157.66 million in the previous year. The main reason was the appreciation of AUD currency in relative to USD currency, resulting in the increase of net asset value in AUD currency. Management