% or THB 13,902mn from 31 December 2017, mostly from the EBT of UE, which was funded by a capital increase via issuance of preferred shares in the first quarter Net debt to equity ratio as of 31
2020 1 1.2 Banking Industry and Competition 2 1.3 Significant Regulations and Rules related to Business Operations 3 2. Risk Management and Risk Factors 7 2.1 Credit Risk Management 7 2.2 Market Risk
due to THB appreciation against EUR and GBP • Net debt to equity ratio as of 30 June 2019 was 0.56x, comparing with 0.55x at the end of last year SIGNIFICANT EVENTS 4 major renovation works of Vienna
and allowance for doubtful accounts of 344 million Baht (6% of total revenues), increasing by 144% as compared to the same period last year of (778) million Baht. Significant event in Q2 2018 On 6 April
quarter but may be restrained by vulnerable and highly uncertain household income as well as elevated household debt. These factors are causing customers to be cautious on spending. Moreover, the tourism
on September 1, 2019. Significant Developments On September 1, 2019, two hotels as part of the Project CROSSROADS Phase 1 in the Emboodhoo Lagoon in the Republic of Maldives including; SAii Lagoon
Power Project 2 1. EXECUTIVE SUMMARY 1.1) Significant events Commercial operation of XXHP XXHP – the two hydro power projects located in Champasak province in the Lao People’s Democratic Republic - has an
last year (excluding all extraordinary items) even with the closure of Dusit Thani Bangkok hotel. The EBITDA margin and net profit margin were lower which impacted by significant profit from sale of
projects In 2Q19, the world’s economy was impacted by several significant events. In May, US-China trade war escalated again when the US announced plans to further raise import tariffs of Chinese goods
that sponsor this broadcast. 4 Financial expenses Financial expenses amounted to THB 27 million, up by THB 21 million from the corresponding period last year. Such a significant increase was due to our