furnishing processes and on course for opening in March 2019. Moreover, CPN is currently preparing an investment plan in Vietnam, a market with exceptional growth potential in the region that will be an

will be ready for grand opening in the middle of 2019. Moreover, CPN is currently preparing an investment plan in Vietnam, a market with exceptional growth potential in the region that will be an

responsive. Moreover, CPN is currently preparing an investment plan in Vietnam, a market with exceptional growth potential in the region that will be an important driving force in the company’s long-term

), as TETSO have started commercial run in late March 2018. Therefore, TETSO has not yet to be recognized for the revenues from operations. Lastly the company was also impacted from the Baht appreciation

Thai Baht appreciation has risen since the beginning of this year, there is loss on exchange rate for this period. - Translation - JKN GLOBAL MEDIA PUBLIC COMPANY LIMITED Management Discussion and

7,777 respectively. The changes was primarily due to impact of the economic slowdown, Thai Baht appreciation and competition in Samui market. Outrigger Hotels Indicators 2018 2019 %change Quarter 4/2018

due to effective in cost management and currency appreciation than the previous year resulting in lower product costs. In the year 2019, the exchange rate was between 30.33 – 32.53 Baht per 1 US dollar

% decrease from Baht 2,583.2 million of 2018. The decrease was mainly from lower contribution from GHECO-One mainly driven by lower Availability Payment Rate and Thai Baht appreciation, despite additional

from Baht 157.66 million in the previous year. The main reason was the appreciation of AUD currency in relative to USD currency, resulting in the increase of net asset value in AUD currency. Management

exchange gains worth 64.0 million baht, lower from 119 million baht in previous year and 348 million baht in 2015 following the recent baht appreciation. Thai baht/USD had moved in a range of 32.7 to 35.4 in