prescribed under the said notifications except for a case where there is difference in procedures which does not result in any material change of the qualifications stated in the application. Clause 26 Any
Exchange Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between the two languages, the Thai version
Governance Project" of the Securities and Exchange Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between
+ A1 A2 A3 Aaa P1 P2 P3 AAA F1+ F1 F2 F3 Very strong capacity for payment of financial commitments - a minimal difference compared With AAA AA+ AA AA- Aa1 Aa2 Aa3 AA+ AA AA- Strong capacity for payment
Project" of the Securities and Exchange Commission (SEC). An English version of the MD&A has been prepared from the Thai version. In the event of a conflict or a difference in interpretation between the two
Profitability ratio 31-Dec-19 31-Dec-18 Gross profit margin 26.4% 30.7% EBITDA margin 22.5% 18.0% Net profit margin 5.2% 5.2% Efficiency ratio 31-Dec-19 31-Dec-18 Return on equity 6.6% 5.9% Return on asset 5.9
equipment rental, while SG&A was flat and dropped QoQ as marketing activities slowed down. EBITDA (pre-TFRS16) was Bt19,576mn, increased 3.8% YoY and 1.1% QoQ with a margin of 45.7%. Net profit (pre- TFRS16