warrants exercise LTM 3Q18 Operating Cash Flow of $1,037 million Net Operating D/E ratio 0.53x; Rating Upgrade to AA- with “Stable Outlook” 2019 Guidance reaffirmed; attractive and accretive production
Group Public Company Limited is assigned the credit rating at “BBB+” with “Stable” outlook by TRIS Rating. Analysis of Operating Results In the third quarter of 2020, the operating results of the company
been put in place, in order not to interfere with the retail market sales volume, the main sales channel. Constant growth can be observed in the retail sales volume from the customer base expansion
remained constant yoy even though Baht currency continued appreciation. • Hotel Management Revenue from hotel management business reported Baht 100 million in 3Q19, increased by 58.8% yoy and Baht 280
revenue remained constant yoy even though Baht currency continued appreciation. Hotel Management Revenue from hotel management business reported Baht 100 million in 3Q19, increased by 58.8% yoy and Baht
planned reflected stable growth from both volume and price Share of Profit (Power Business) increased 241.1% YoY from 2Q2016 and 173.5% QoQ from 1Q2017 to record at Baht 685.9 million: 2 - GHECO-One back
milion, a 9.1% increase YoY as planned reflected stable growth from both volume and price Share of Profit (Power Business) increased 166.4% YoY from 3Q2016 to record at Baht 553.8 million with foreign
. While performance was strong and stable, Suntowers underwent various value enhancement projects, including refurbishment of common area, adding new retail tenants, conversion of a retail space (day-market
. Utilities Business’s Operating Revenue was Baht 1,570.2 milion, a 19.2% increase YoY as planned reflected stable growth from both volume and price. Share of Profit (Power Business) increased 101.2% YoY from
, performance of this business was still a growth, mainly from a steady rental increase at Suntowers. While performance was strong and stable, Suntowers underwent various value enhancement projects, including