$ 1.9B. Interest cost is expected to come down for year 2020, thanks to lower benchmark rates. Our net operating debt to equity went up to 1.35 times primarily due to the acquisition of Spindletop
Public Company Limited and its Subsidiaries Management’s Discussion and Analysis for the year ended 31 March 2020 Executive Summary Thai Economy in the first quarter of 2020 happened into recession due to
forecasted due to Phuket ferry accident in July (Source: Bank of Thailand). Moreover, South Asia incurs the second highest growth in terms of tourist arrival, followed by Africa, accounting for 11.2 and 7.1
financials due to holding segment 3Core EBITDA is Reported EBITDA less Inventory gains/(losses) 4Core Net Profit is Reported Net Profit less Inventory gains/(losses) one-time extraordinary items 5Operating
2018 to Bt12,097.4 million in 2019, representing a reduction of 13.5% Y-o-Y, while sales revenue in USD terms declined by 9.8% Y-o-Y to USD393.0 million. The Y-o-Y decrease in revenue was due mainly to
volume; a. Raw Water sales volume decreased by 8.7% YoY mainly due to the planned maintenance shut down of a petrochemical customers and the lower electricity dispatch to EGAT of Glow IPP b. Industrial
vices and o ht or an inc rease by 64 s was due der Jaymart hased acco For the 6 m accounts re n increase 5 ny can colle uarter 3 in ccounted fo e was 1.2 m solidated the hs in 2017 y acquired he second q
-month period ended 30 June 2017, sales increased from THB 286.47 million for the same period last year to THB 325.45 million, accounted for 13.61% increase. Increase in sales was due to the introduction
period of 2015 due to the decrease in other income. 2. Costs of sales of immovable property For the six-month period of 2016, costs of sales of immovable property increased by Baht 239.68 million or a