7.46 times. According to the financial statements of the year 2018, it is not possible to request loans from any financial institution. In the past period. 1.6. The company will receive cash back for use
financial statements. 1.5. The subsidiary company has the liquidity problems with a D/E ratio as high as 7.46 times. According to the financial statements of the year 2018, it is not possible to request loans
through effective capital management and creation of a culture of risk awareness organization-wide, to enable us to cope with possible economic fluctuations in a timely manner. B Being aligned with our
the 2nd quarter of 2018 to 2017. The refining service’s volumes also share the Company’s overhead costs, which help to maintain production cost as low as possible. Which the company is still profitable
dispute area is the obstacle to the land development. The company will have to wait until the Supreme Court provides the judgement and it is not possible to conclude how long it will take. 2) If the company
2017. The refining service’s volumes also share the Company’s overhead costs, which help to maintain production cost as low as possible. Which the company is still profitable to supply regularly because
target group of customers can maintain their purchasing power. For recurring income business, in November 2019, the Company kicked off the construction of “Hotel Kitch”, a 72-room hotel that will be
reducing the rental fees for a certain period. Residential and Others The residential segment has slowed down before COVID-19 due to the Loan-to-Value (LTV) measures and reduction in purchasing power of
SHR’s hotels with same warmth and hospitality, but with assured safety and hygiene procedures, and most flexible booking terms possible. SHR also believes that tourists from domestic market will firstly
disruption to the economy. Businesses and employment were affected by the lockdown measures while consumer purchasing power continued to decline due to the high level of household debt. However, the government