currency fluctuation whereas foreign debts were all fully hedged. Profit In 3Q17, EBITDA was Bt17,589mn, increasing 15% YoY and 2.8% QoQ. This was underpinned by a decent growth in revenue with softer

in 4Q18 following currency fluctuation in the quarter while foreign debts were all fully hedged. Finance cost was Bt1,217mn decreasing 5. 8% YoY and 5. 5% QoQ due to lower deferred interest from

operating cash flow fully covered uses of fund in 1H19 including the net repayment of borrowing amounting to Bt11,689mn, cash CAPEX of Bt9,443mn, and dividend payment for 2H18 performance of Bt9,812mn. As a

granted by the Securities and Exchange Commission) in the range of 321,470,000 Baht to 373,510,00 Baht. As of 6 November 2019, the Company has an investment in YLP in the amount of 170,000,000 Baht. Basis

formation. Hence, the NESDB has cut down its growth forecast for the Thai economy in 2023 to the range of 2.5%-3.0% from the previous forecast of the range of 2.7%-3.7%, which the supporting factors still

+11% Total Liabilities 2,587 2,061 +26% Authorized share capital 140 140 +0% Issued and fully paid-up share capital 140 140 +0% Share premium 6 6 -0% Retained earnings 1,242 1,229 +1% Other components

shares of Co-Mass Company Limited (“COMASS”) with total investment of THB 160mn, thereby increasing MACO’s stake in COMASS to 100.0%. As a result, MACO fully controls COMASS, allowing us to utilise

consists of a large portion of affordably priced hotels in the 3-star range that have a lower ADR to our former less diversified, entirely 5-star portfolio of hotels. Overall occupancy rate fell to 62.4

highest revenue in its history and successfully established itself as a unique market leader in Thailand providing fully integrated Offline-to-Online (O2O) Solutions for the advertisers. With this, VGI’s

range to accelerate 5G adoption toward the low-mid tier segment corresponding to wider 5G device availability. • The home broadband market showed subsiding demand as the pandemic relaxation created less