the appreciation of the Thai Baht has led to the destination shift among the country’s target tourists. These factors have, undoubtedly, put pressure on the hospitality industry, which is the main
42.58 percent compared to the previous quarter, which was still better than the target. In this quarter, our impairment loss on loans and debt securities increased slightly from the prior quarter, but
investment in last year. The Company maintained healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.56 times. 2019 Outlook Company maintains 2019 outlook
export sales to some countries which are affected by the unfavorable industry environment and in early stage of brand awareness building. Domestic sales amounted to THB 3,783 million increased by THB 106
offset the impact of reduction in export sales to some countries which are affected by the unfavorable industry environment and in early stage of brand awareness building. Domestic sales amounted to THB
which affected employment and domestic demand*. However, the Company sees that the lower interest rate gives a positive impact to overall real estate industry due to a potential lower cost for both, real
overseas assets • Net debt to equity ratio at the end of 2Q 2020 stood at 0.98x, an increase from 0.48x on 31 December 2019 2Q 2020 SIGNIFICANT EVENTS Impacts of Coronavirus Disease 2019 (COVID–19) COVID-19
financial ratios. In the case of the Company in an industry with specific ratios such as an average occupancy ratio (in case of hotel business), such ratios must be presented additionally. Information Quarter
Equity (%) 15.32% 17.67% 23.26% Return on Assets (%) 10.66% 12.25% 16.37% Return on fixed assets (%) 89.99% 116.94% 161.08% Asset turnover times 1.09 1.06 1.17 Financial Policy Ratios Debt to Equity times