) (109.94) 4. SIGNIFICANT EVENTS The Board of Director’s meeting No. 9/2019 held on 14 August 2019 had a resolution on the interim dividend payment, based on the operating results of six months end at 30
) Calculated based on total revenue from sales of food and beverages per total operating days of the same branch For the years ending 31 December 2018 and 2019, franchise fee income increased from THB 69.6 Mn to
%) 5,757 5,117 (11.1%) Note (1) Based on the weighted average number of keys for the year. In particular, the Company added 19 newly built pool villas to Santiburi Koh Samui in May 2018, thereby increasing
financial cost was calculated based on whole year. Subsidiary company’s finance cost increased by 1 million Baht. Subsidiary company had loan increased 28 million Baht; short-term loan 18 million Baht and
YEAR 2019 3 4. SIGNIFICANT EVENTS (Cont.) As of 14 August 2019, the Board of Director’s meeting No. 9/2019 had a resolution on the interim dividend payment, based on the operating results of six months
, based on average rate of commercial banks as published by Bank of Thailand on 7 August 2019). The share transfer was completed in end of October 2019 WHA Eastern Seaboard Industrial Estate 4 (WHANGD 4
1,500 million during 2016-2018 to improve workplace, production facilities and machinery, and work processes including production processes based on breakthrough technology, advanced R&D tools, and a
2017. HSMC expects that the company shall generate the internal rate of return at least of 10%. The tariff received shall be based on the treated water quality. 6. Value of Assets Acquired HSMC shall
* (%) 75.8% 62.9% Debt to equity (times) 1.0 0.8 Assets turnover* (times) 0.5 0.4 Remark: financial ratios were calculated based on The Stock Exchange of Thailand’s formula. *The Company didn’t restate the
and Analysis (MD&A) 10 of 10 Thailand, proven record of managing high quality shopping centers, reliable cash flows from contract-based rental and service income, and conservative financial policy. The