2019. For 2020, the Thai economy is projected to continue to be in a ‘low growth, low rates’ environment. Main headwinds include: (1) the weakness in global growth particularly the Chinese economic
the appreciation of the Thai Baht has led to the destination shift among the country’s target tourists. These factors have, undoubtedly, put pressure on the hospitality industry, which is the main
, plant and equipment 9 210,000 210,000 Property, plant and equipment 10 23,231,457 24,384,466 -5% Intangible assets 11 10,196 11,540 -13% Other non-current assets 3, 4, 13 740,739 565,467 24% Total non
3,590,126,852 5,460,969,373 -52% Non-current assets Investments in subsidiaries - - Advance payment for purchases of property, plant and equipment 210,000,000 210,000,000 0% Property, plant and equipment
, decreased by 87.7% YoY and THB 967 million in 6M20, decreased by 51.3% YoY. The main factor of this decrease was from COVID-19 pandemic impact. It has caused the temporary closure of hotel in Thailand and
million in 3Q17 and 9M17, respectively. The main drivers were attributable to a decrease in room revenue due to three hotel renovations and an increase in administrative expenses to support business
Agreements in accordance with TFRIC 4 “Determining whether an arrangement contains a lease” and found that the agreement is finance lease. The Group then derecognized building and equipment and recognized to
license is expected to commence around 4Q20. 3. In 3Q19, AIS entered into two settlements with TOT on tower dispute and equipment rental. Effectively, net cost of tower rental was reduced by Bt100mn per