times. This was due to the fact that net loans decreased while shareholder equity increased. The significant decrease of total debt to total equity ratio of the Company was due to the ability of revenue
million, increased by 3.8% when compared to the fourth quarter of 2020 due mainly to the decrease in financial cost and decreased by 3.9% when compared to the first quarter of 2020. Interest income was Baht
in the third quarter of 2018, ended 30 September 2018, was Baht 499.03 million, increased by Baht 73.98 million or 17.41% from the same period of previous year. This was due to decrease in the delivery
allocated budgets for various ICT projects. As the result, the revenue in the Q4-2017 increased form the Q4-2016 In terms of total operating expenses in the Q4-2017, the change is proportional to the decrease
shareholder equity was increased The significant decrease of total debt to total equity ratio of the Company was primarily due to the ability to transfer and to recognize revenue from The Ritz-Carlton
increased. The significant decrease of total debt to total equity ratio of the Company was due to the ability of revenue recognition from The Ritz-Carlton Residences, Bangkok (“RCR”) which is a part of
times. Also, interest bearing debt to equity ratio was reduced positively at 3.6 times. This was due to the fact that net loans decreased while shareholder equity increased. The significant decrease of
issued on the projects that were completed and delivered. Therefore, the trade receivables increased. Contract assets (unbilled receivables) decreased by 401.1 MB, representing a decrease of 23.5%. This is
expenses reduction measure. • Selling expenses to total revenue in Q4/2020 was 32.4%, increased by 3.0% from Q4/2019. This is due to the higher proportion of the decrease in revenue from sales than the