. Appropriateness of the Funding Structure In 2Q 2019, the Company had total debt to equity ratio of 81.6 times increased from 1Q 2018 at 16.1 times. The interest-bearing debt to equity ratio was 54.7 times increased
last year. 3.3 Selling expenses The Group had a decrease in selling expenses 0.28 million baht or 4.35% as compared to the same period last year. Since the end of 2017, the sales structure of the
million primarily due to 1) the increase in building and equipment of THB 295 million, which were mainly from the recognition of billboard structure of THB 147 million, an increase in work in process of LED
) (%) 13.04% 10.68% Return on Assets (ROA) (%) 6.60% 5.59% Capital Structure and Debt Ratio Debt to Equity ratio (time) 0.92 0.86 Debt Service Coverage ratio (DSCR) (time) 2.25 2.09 Note: 1) Gross profit and
allowance for doubtful accounts is based on past collection history, aging profile of outstanding debts and the prevailing economic condition. Management believed that allowance for doubtful accounts is
launch Electronics Know Your Customer (e-KYC) service for next year. As a result, the revenue structure of the Company is more diversified. Furthermore, the Company plans to expand the customer bases from
held on 9 August 2018 had a resolution on the interim dividend payment, based on the operating results of six months end at 30 June 2018, at Baht 0.20 per share. The record date which shareholders had
million and Baht 51 million, respectively. The Group’s policy on allowance for doubtful accounts is based on past collection history, aging profile of outstanding debts and the prevailing economic condition
’ equity. Appropriateness of the Funding Structure In Q3 2018, the Company had total debt to equity ratio of 14.1 times, increasing as compared to 2017 of 13.3 times. The interest-bearing debt to equity
the end of the respective periods (2) 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