. The downside was mainly stemmed from the impact of export contraction affected by the global economic slowdown, prolonged US-China trade tension and the Baht appreciation. As for economic outlook in
electricity consumption in 2017 by 3.03 percent Page 3 As for economic outlook in 2018, National Economic and Social Development Board (NESDB) forecasted Thailand’s economy to expand in the range of 3.6 to 4.6
long-term loans from financial institutions of THB 2,643mn and (vi) repayment of liabilities under finance lease agreements of THB 533mn. BUSINESS PLAN AND OUTLOOK We target for 2019, THB 7,200 - 7,500mn
liquidity ratio was 1.35 times. The Company maintained healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.09 times. 2019 Outlook 2018 was the final
% Effective Finance Cost 3.62% Credit Rating: AA- with stable outlook by TRIS in Sep’19 Net Operating Debt/Equity: 0.66 times 17% 15% 10% 19% 29% 2020 2021 2022 2023 2024 2025 & after 4% 5%LT Loan Debenture LT
management’s assumpt ny future results, performan ments. OUTLOOK & IC) in bile data MHz, AIS has qu ta. We expect t r leadership in 3‐carrier aggreg rgeted handset broadband cov , AIS Fibre
maximize their value. TRIS Rating upgrade of corporate and debenture ratings to “AA” with stable outlook. In 2017, CPN launched 3 new condominium projects, which garnered positive responses. Sustainable
but not least, 4.) other supporting factors, namely public and private investments, were given a brighter outlook as the direction on the Eastern Economic Corridor (EEC) becomes clearer, which will also
times, compared to the Company’s policy of not exceeding 1.50 times and the debenture covenant of not exceeding 1.75 times. 2019 Outlook The Company expects 2019 revenue to continue growing from 2018 due