adoption of new financial reporting standards, the acquisition of a new subsidiary and the depreciation of the Thai Baht that affected the value of Company’s overseas assets • Net debt to equity ratio at the
overseas assets • Net debt to equity ratio at the end of 2Q 2020 stood at 0.98x, an increase from 0.48x on 31 December 2019 2Q 2020 SIGNIFICANT EVENTS Impacts of Coronavirus Disease 2019 (COVID–19) COVID-19
, which may affect certain business sectors. Regarding the Thai monetary policy, the Bank of Thailand’s policy rate is expected to stay at a low 1.50 percent for the entire year to accommodate domestic
limited growth prospect for domestic electricity industry, EGCO has expanded the investment in Asia-Pacific countries such as Philippines, Lao PDR, Indonesia, Australia and South Korea where the Company has
3.43 % 3.06 % 3.65 % 5.46 % Other Income 3.19 % 3.19 % 3.54 % 2.76 % Cash against Operating Profit 263.54 % 219.44 % 76.06 % 195.86 % Net Earnings 4.60 % 4.99 % 5.69 % 6.54 % Return on Equity 8.53 % 8.59
ASEAN countries. Regarding domestic demand, private consumption expenditure grew at a slower pace amid supports from the government’s economic stimulus measures due to the declining household income and
continued to gain further traction driven by both growths in domestic and external demand. The value of merchandise exports expanded solidly on the back of the continual increase in export quantity and rising
volume increased 5%, compared to the previous quarter. The increment is credited to the retail market, ascribed to the tourism season; led to a higher domestic demand for fuel. Also, the industrial market