starting in Q3–2021 are lower project value. Total operating expenses in Q3-2021 decreased in line with revenue decreases when compare to Q2–2021 and Q3–2020 at a similar rate to the decreased rate in
Net debt to equity ratio as of 31 March 2018 stood at 0.34x, an improvement from 0.93x in 31 December 2017. Current ratio as of the same date stood at 3.09x, a significant improvement from 1.70x, both
the THB that affected the value of the Company’s overseas assets. • Net debt to equity ratio as of 31 December 2019 stood at 0.48x, an improvement from 0.55x in 31 December 2018. SIGNIFICANT EVENTS
investments by the equity method while lower depreciation due to the change in estimating useful lives of assets at Dusit Thani Manila to reflect the real future economic benefits and in line with the Company’s
lower EGAT dispatch as a results of EGAT’s transmission line maintenance and lower contribution from Gulf VTP and BGWHA-1 due to having planned maintenance, despite a 5.5% increase of power demand from
housing loans as most borrowers rushed to submit their loan applications before the effective date of the revised Loan-to-Value (LTV) measures on April 1, 2019. Demand for auto-leasing declined in line with
, Transmission Line both of Overhead Line and Underground Line, Conduit Tunnel and Drainage Tunnel, Renovating of the conventional substation control system to Computer base Substation Control System, with
debt to equity ratio was 0.42 time and the consolidated net debt to equity ratio was considerably low at 0.27 time. Financial Highlights 1Q 2018 1Q 2017 Change THB million % Sales THB million % Sales THB
signed new 4.0 MW, total accumulated capacity in pipe line are 24.4 MW which are under construction and scheduled to achieve COD in 1Q2020-3Q2020. Power plant Type of power Category of producer Equity
. As at March 31, 2019, the consolidated current ratio was 2.06 times, the net debt to equity ratio was low at 0.26 time. The Company and its subsidiaries still had available credit line of the revolving