continued investment in network and spectrum. Liquidity & Leverage: Liquidity remained solid with current ratio of 0.45x, similar level as previous year. AIS maintained strong financial position with low net

from 38% in FY20 to 34% and ROA slightly decreased from 9% in FY20 to 8%. Liquidity & Leverage: Current ratio was 0.39x, lower than previous year of 0.45x. AIS maintained strong financial position with

due to short term loan for TTTBB acquisition. Nonetheless, AIS has ample operating cashflow to repay its debt obligation and ensure liquidity is managed efficiently. Leverage Net debt to EBITDA

stringent residential financing granting measure has not negatively affected the operation as the Company has the policy to develop project which has average selling price per unit higher than THB 10mn and

growth. In 2019, the real estate sector was beginning to face a slowdown as a result of various negative factors, particularly the Bank of Thailand’s Loan to Value (LTV) measure. The situation is worrisome

for new stores in hardline and food segment, 2 Thai Watsadu, 1 GO! Mall and 1 BigC stores. The Company has strict measure to maximize cost saving. 6. Finance costs was THB 615 million, increased by

Committee has resolved to use temporary countermeasure (emergency measure) to collect AD collateral at 35.67% for cold-rolled galvanized steel products (GI Products) from China effective from 3rd August, 2020

forward. Due to continuing engagement by the Steel Associations with the Government Authorities, the Anti- Dumping Board Committee has resolved to use temporary countermeasure (emergency measure) to collect

products. For the domestic, the Lockdown measure from the Thai government resulted in the hypermarket stores such as Tesco Lotus, Big C, Home Pro, etc. that are the customers of the company necessary to

) a decrease of various expenses from cost control measure such as work from home policy to savings of utilities expense, traveling expense and overtime expense. As a percent of total revenue