beginning of the year, depressing farm income and the purchasing power of farm households, which represent a majority of the population. Coupled with high levels of household debt, these factors limited the

(ROE) ratio was 4.93% and Net Debt to Equity ratio was 0.18 as of 31 March 2019. (Unit : Baht million) 31 MAR 19 (quarterly) 31 DEC 18 (yearly) Change Total Assets 1,068.05 968.30 10.30% Total

has resulted in a marginal increase in its debt to equity ratio. We strengthened our footprint in North America by acquiring the Corpus Christi JV which, once operational, will provide a low cost

) constitutes a cornerstone of the VGI Group’s strategy and is one of the growth drivers within the Transit media segment through synergies. Transit media revenue increased by 27.7% YoY to THB 549mn. The sharp

Company Limited (“MACO”) Transit media revenue increased by 21.3% YoY to THB 2,262mn. The sharp rise in revenue growth is attributable to strong organic growth, price increases of static and digital media

by 19.5% YoY to THB 620mn. The sharp rise in revenue growth is attributable to a higher utilisation rate, particularly from digital media and merchandising spaces. In addition, Transit segment also

-Bearing Debt. Our Net Interest-Bearing Debt to Equity ratio was at 0.57x. PERFORMANCE BY BUSINESS Utilities Business Revenue from Sales and Services from Utilities Business in 1Q2018 of Baht 422.0 million

price in the quarter, inventory gain was recorded at THB 241 million ( Inventory Gain Q3/2017: THB 450 million, Q2/ 2018: THB 856 million) . However, Net marketing margin was effected by the sharp rise in

Policy 31 Mar 18 31 Mar 17 Debt to Equity (times) 0.32 0.29 Posted acquisition TBSP at the 1st quarter 2018, the financial ratio showed Debt to Equity ratio in line with convenant of borrower banks and

shareholders' e Equity Ratio (D/E) and Interest Bearing Debt to Equity Ratio represented at 1.38 and 1.20, respectively. 17, the subsidiary’s ethanol business has amalgamated with Bio-fuel business of subsidiary