baht to 6,607.4 million baht or 7.0 percent. For the second quarter of 2019, the earnings before interest and tax, depreciation, amortization, and rent (EBITDAR) were derived from total income (excluding
, depreciation, amortization, and rent (EBITDAR) were derived from total income (excluding dividend income, gain on sale of investments, gain on sale of assets, interest income and gain on foreign exchange) less
million baht or around 1.6 percent. The earnings before interest and tax, depreciation, amortization, and rent (EBITDAR) were derived from total income (excluding dividend income, gain on sale of
property development for sale and rent. In the previous year, the Company completed the Newera Condominium project at the end of the 3rd quarter of 2019 and was able to transfer and deliver condominium units
cash for the benefit of this ongoing business, to repay long-term loans from financial institutions and loans from a connected person, reduce interest expenses and to pay office rent. Whereas the rest
in retail requires repositioning for stronger E-commerce business as people shop more online. Rising rent per square feet can affect the Company’s ability to secure best locations and generate higher
market price in case the land is freehold as the basis to value an appropriate marketable rent via acceptable return rate in general arise from the 30-years leasehold contract and generally accepted
stronger E-commerce business as people shop more online. Rising rent per square feet can affect the Company’s ability to secure best locations and generate higher EBITDA. Ability to hire productive employees
business. It has developed 5 property projects, consist of 3 projects as properties for sale and 2 projects as properties for rent. IWMA is in waste management business. IWMA is now developing a new waste