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
, shareholders’ equity was Baht 1,671.38 million and Baht 1,684.60 million respectively. The major changes were during the period were from the net profit amounting to Baht 108.67 million and dividend payment of
announced in 2019. 7 2.3 Shareholders’ equity As at 31st December and 31st March 2019, shareholders’ equity was Baht 1,591.77 million and Baht 1,666.41 million or decrease by 74.64 million. The major changes
strong with low debt-to-equity ratio and high current ratio. P a g e | 3 - Management Discussion and Analysis 1Q2020 - 4,346 1,714 2,942 881 1,102 900 83% 17% 61% 39% 77% 23% 1Q2020 1Q2019 4Q2019 2,816
) Co.,ltd. by holding 49 percent of total shares. As for the accounting year ended 31st March 2020 and 2019, the company and its subsidiary recognized share of profit by equity method of Baht 1.95
ended 30th Sept 2019, the company and its subsidiaries recognized share of income, by using equity method, of Baht 0.55 million and 1.07 million in consolidated income statements respectively 1.7 Earning
which profit attributable to the equity holder of the Company was 710.5 million baht. Earnings per share for this quarter was 0.34 baht. 4 ASIA’S BOUTIQUE AIRLINE Notable Events Notable events in the
to the equity holder of the Company was 710.5 million baht. Earnings per share for this quarter was 0.34 baht. 4 ASIA’S BOUTIQUE AIRLINE Notable Events Notable events in the first quarter of 2018 1
afterward. The capital increase from Initial Public Offering would result in the marked decrease in Debt- to-Equity ratio and financial costs going forward. On November 14, 2019, the Company entered into the
’ 2018 Page 6 / 7 4.3 Shareholders' equity The overall shareholders' equity in the first half of 2018 was decrease from the end of 2017 0.37 million or 0.06 per cent. Significant changes included comprised