increase in D/E ratio was from funding for the new company’s projects. Dusit Thani PLC Management Discussion and Analysis For 4Q19 and FY2019 P a g e | 10 2020 Outlook 2020 definitely a very challenge year
. They also have to prepare for the adoption of TFRS 9 which will come into effect in 2020. Managing loan quality and non-performing loans continues to be a major challenge. However, due to a relatively
growth outlook still challenge with uncertainties on the external front particular on pertaining to the US foreign trade policies, retaliatory measures from its trading partners. LH Financial Group Public
economic uncertainty caused by the trade war between US and China, the conflicts in the Middle East and the unpredictability of the political situation in Europe. These factors have impacted to Thailand
tourist and uncertainty in political situation . • Mobile business pressured by weak consumption: We are expecting mobile revenue to be under pressure from weak private consumption and hence continued low
uncertainty of US economic policy. But, the global economy trend as continued to improve. Thai economy is growing as slowly which the tourism and exports were driving force in past time. Including, the income
uncertainty regarding future revenue recognition 11. Opinion of the Audit Committee and/or the Directors which are different from the opinion of the Board according to item 10 Audit Committee and/or the all
. With high operating expenses and there is still uncertainty regarding future revenue recognition 11. Opinion of the Audit Committee and/or the Directors which are different from the opinion of the Board
uncertainty of US economic policy. However, the global economy has continued to improve. Thai economy is growing as slowly which the tourism and exports were driving force in the first half year. Income and
concerning health and esthetics. 2. Overview of operating results in the Quarter 3’2018. Although the global economy as risk from international of political tensions and economic, and the uncertainty of US