times and Debt service coverage ratio (DSCR) remained strong at 2.29 times.

venture with Sansiri, experiences an impact from the new LTV policy and the market uncertainty due to the trade war. The pace of release of newly launched projects are expected to be slow. Sansiri's strong

Company Limited (“MACO”) Transit media revenue increased by 21.3% YoY to THB 2,262mn. The sharp rise in revenue growth is attributable to strong organic growth, price increases of static and digital media

. We place importance in maintaining strong financial health and flexibility to pursue future growth. Our dividend policy is to pay a minimum 70% of net profit. By preserving cash flow, we ensure that we

important part in laying a strong foundation for the Company to be able to drive sustainable future growth.

coverage ratio (DSCR) remained strong at 5.59 times.

resilience to economic conditions. During the COVID period, JMART had a very strong business group including JMT and Singer. 2. Adaptive Expectation The management has Lock down anticipated and ongoing

, quick response, and strong public health system. Recently, the Global COVID-19 index (GCI) ranks Thailand as the second highest recovery rate of COVID-19 pandemic, and praised by WHO and international

increasing in payable for purchase of fixed assets following to the progress of Tubma Reservoir Development project and Debt service coverage ratio (DSCR) remained strong at 4.61 times.

, the decrease of Availability Payment profile as specified in the PPA is the key reason of the decrease in Normalized Share of Profit from GHECO-One. Nevertheless, GHECO-One still provide a strong cash