2,281 million, declined from 3Q/2018 by 4% because methyl ester selling price dropped in relation to declined crude palm oil price and glycerine price decreased due to ample supply, though sales volume

Limited Management Discussion and Analysis | 10 ester plant 2. Furthermore, the company also had an impact from a considerable diminishing of glycerine price due to ample supply, attributed to glycerine

COVID-19 would likely be seen around year- end 2020 or Q1/ 2021. The company believes that there would still be an ample supply of secured collateralized NPLs in the market for the company to continue

2020 or Q1/ 2021. The company believes that there would still be an ample supply of secured collateralized NPLs in the market for the company to continue operating efficiently and sustainably going

ratio of 15.73 percent, remaining sufficient to cushion against risk, and greater than the Bank of Thailand’s requirement, being 11.50 percent and 9.00 percent, respectively. All of the above endeavors

maintains a strong balance sheet with ample liquidity to navigate through market fluctuations. We have consistently reduced our debt, resulting in a solid leverage position with a low Interest-Bearing Debt-to

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

ratio was also close to the target, at 43.96 percent. At the same time, our robust capital position was sufficient to cushion against risk, and greater than the Bank of Thailand’s requirement. As

, “Management Report”. B prudent consideration on factors in line with uncertainties stemming from the continued economic slowdown. At the end of 2019, our robust capital position was sufficient to cushion

31 December 2019, BAM has Total assets of Baht 115,789.67 million) In 2019, BAM foresees the economic growth to be maintained at low level and that there will be an ample supply of NPLs and NPAs coming