$ 1.9B. Interest cost is expected to come down for year 2020, thanks to lower benchmark rates. Our net operating debt to equity went up to 1.35 times primarily due to the acquisition of Spindletop

Notification of Capital Market Supervisory Board TorChor. 7/2552 Re: Acting in Concert as a Result of the Nature of a Relationship or Behavior and Requirements under Sections 246 and 247 (including the

financial statements and operation result of Nam San 3A for fiscal year of 2016, 2017 and 20183 (using the average exchange rate being at LAK 291.46 to THB 1 as of 17 January 2020 announced by the Bank of

2.03 27% Core EBITDA/t (US$/t)) 107 100 94 14% 97 86 13% Net Operating Debt to Equity 0.84 0.80 0.99 0.84 0.99 Note: (1) Consolidated financials are based upon elimination of intra-company (or intra

at that time. As a result, the depreciation and amortization expenses from those investment properties, which represents most of GLAND’s operating cost, is higher under CPN’s book compared to GLAND’s

value of GLAND’s investment properties at that time. As a result, the depreciation and amortization expenses from those investment properties, which represents most of GLAND’s operating cost, is higher

, total revenue stood at THB 12,189 mn and net profit stood at THB 1,890 mn). However, the Company implemented the cost-effective management as planned to reduce impact to business performance. As a result

, total revenue decreased by 31.8% and net profit decreased by 65% YoY). However, the Company implemented the cost-effective management as planned to reduce impact to business performance. As a result of

result, the Company’s gross profit margin decreased from 33.2 percent to 31.8 percent, the operating profit margin decreased from 19.2 percent to 18.0 percent, Profit before finance costs and tax expense

increased from the prior year or 2.1 percent. The sales of Consumer Products comparing with the previous year increased at Baht 102 million or 12.1 percent as a result of promotion and new products such as