debt level and severe competition in the real estate market, the Company is rated A- by Tris Rating Co., Ltd. The Company is, therefore, able to save costs from lower interest rate when raising funds
pandemic of COVID-19, which has a severe impact on tourism, production, exports and private consumption. Private investments tend to decline in 2020, according to both domestic and international demand. For
1,112.0 1,148.8 1,628.5 (36.8) (3.2) (516.5) (31.7) Profit for the period 50.4 59.7 69.8 (9.3) (15.6) (19.4) (27.8) The effects of COVID–19 are more severe than expected. Overall, the Thai economy in 2020
, representing an increase of 41.6% due to the end of the Q2–2021, the many large-scale projects have been delivered but the collection period is longer due to the severe COVID–19 epidemic; thus, more staffs have
highly intense competition which caused the average fare to drop by 6.3 percent, particularly in Indochina routes. The average passenger load factor was 68.5 percent, decreased from 69.2 percent. Passenger
the Company’s expectation given the intense competition in certain areas, such as Nakhon Ratchasima. Although rental rate escalations were affected and discount rates were higher in certain locations
mainly from airport-related services and unallocated revenue which rose by 11.6 percent and 35.0 percent respectively. The revenue from airline business slightly declined by 4.2 percent from highly intense
slightly declined by 4.2 percent from highly intense competition particularly in domestic sectors which caused overall number of passenger, passenger yield and average fare dropped by 1.9 percent, 1.6
Company Limited Management’s Discussion and Analysis (MD&A) Page 5 of 14 Same store rental revenue growth stood at 4.2% YoY In 2Q19, same store rental revenue growth stood at 4.2% YoY, despite intense
revenues from the manufacturing business accounted for only 4.4 - 9.6 percent of the total revenues as a result of a more intense competition, particularly a more variety of imported products with relatively