closed some non-profit branches. In this regard, the closing of ELEGA branches came from the strategic to close some branches that could not generate revenue and profit as target including to reduce the

focus on OOH platform to an integrated platform that combines the offline and online worlds. This new approach has proven effective in helping advertisers reach the exact target audience rather than

average financing cost as of June 30, 2020 stood at 2.29% Net debt to equity ratio stood at 0.55x Capital Structure As of June 30, 2020, the Company reported total interest-bearing debt of THB 43,791 mn, an

of sale from 4Q19 onwards as well as transferred 2 standalone projects in 2Q20. Weighted average financing cost as of June 30, 2020 stood at 2.29% Net debt to equity ratio stood at 0.55x Capital

ratio was 1.83 times which mean the company’s liquidity to payment on short-term liability was still high. While Debt to Equity ratio of the Group and Interest Bearing Debt to Equity ratio was 0.97 times

million THB. As a result of the above reasons, the interest bearing debt to equity ratio and the debt to equity ratio have increased from 0.41:1 to 0.51:1 and from 0.64:1 to 0.71:1 as of 31st December 2018

of projects pending income recognition increased 347.15 million THB or 40.50%. As a result of the above reasons, the interest bearing debt to equity ratio and the debt to equity ratio have increased

from the net loss in this quarter. Debt to Equity Ratio As of 31 March 2020, the Company’s interest-bearing debt stood at THB 5,604.9mn, as a result, the Company’s D/E ratio was 1.00 times, decreased

is an initiative under the ACMF Implementation Plan endorsed by the ASEAN Finance Ministers in 2009. The Framework aims to facilitate cross-border offerings of Equity Securities and Plain Debt

$ 1.9B. Interest cost is expected to come down for year 2020, thanks to lower benchmark rates. Our net operating debt to equity went up to 1.35 times primarily due to the acquisition of Spindletop