Fitch National rating: AA+ (THA), Outlook: Stable S&P BBB+, Outlook: Stable Source and Use of Fund: 1H20 (Bt.mn) Source of fund Use of fund Operating cash flow 43,114 CAPEX & Fixed assets 12,661 Sale of
declined the second quarter in consecutive reflecting the economic slowdown in the trading partner countries. Although, Thailand’s economic outlook in 2023 is expected to expand between 2.7-3.7% mainly due
the financial risk perspective, despite the higher debt ratio stemming from increased loans and lower shareholder equity, the ratio was nonetheless at relatively low level. The interest coverage ratio
. However, Return on Equity slightly declined from 14% to 13.7% due to lower debt and more reliance on internal operating fund. From the financial risk perspective, debt to equity ratio decreased from 0.5x to
’ equity as mentioned above. For the financial risk perspective, despite the higher debt ratio comparing to previous year, the ratio was nonetheless at relatively low level. Interest coverage ratio (EBITDA
addition, the significant improvement of return on equity was from the decrease of shareholders’ equity as mentioned above. For the financial risk perspective, despite the higher debt ratio comparing to
strong network quality. The full-year guidance and outlook for 2018 was maintained as presented on page 6. Significant Events 1. AIS, via AWN, currently holds 81.47% of total CSL’s outstanding share and is
to mid-single digit, while maintaining EBITDA outlook with low-single digit decline and CAPEX of around Bt35bn. Market and Competitive Environment In 3Q20, mobile competition remained stable as all
which was THB 580.47 million. This was mainly come from the positive outlook of the real estate business since the fourth quarter of last year. Interest rate remained low was another positive factor. For
(2.44) (7.23) Net profit margin (%) 9.20 3.50 5.71 163.20 Per Share (Baht) Net profit per share 0.13 0.02 0.10 Unit : THB'000 reported THB 505.59 million. This was mainly come from the positive outlook of