(revised) Malee Group Public Company Limited and Its Subsidiaries Management Discussion and Analysis For the First Quarter ended 31 March 2019 1. Q1/2019 Highlights Figure 1: Quarterly results Thai
1Q19 and 2Q19 for BT294.76mn. and dividend payment of Bt249.60mn. Key Financial Ratio Quarter Quarter Quarter 2/2018 1/2019 2/2019 Current ratio 0.53 0.63 0.61 Debt to Equity ratio 2.35 1.75 1.84
since real estate business is the significant driving force of the economy. The government has thus issued measures to boost the real estate market i.e. tax deduction of up to 200,000 THB for first time
Thai Financial Reporting Standards No. 16 re: Lease Agreement for the first time adoption (“TFRS 16”) starting from 1 January 2020, using the cumulative catch-up approach without retroactively adjusting
the loan for the acquisition. The first repayment on the acquisition loan of 38mTHB in March was completed along with repayments of trust receipts for fuel purchases. There was a dividend payment of 1Q
of goods 12,923 29,910 (57%) Net foreign exchange gains 216 105 105% Net gain from write-off the expired legal prescription of liabilities 10 119 (91%) Net gain from debt restructuring 0 1 (100
, increasing +4.6%YoY due to increase in bad debt provision from NBTC credit term expansion policy, and –19%QoQ due to employee remuneration in 4Q19. Net FX loss was Bt422mn in 1Q20, turned negative, compared to
was due to the repayment of debt from Bt113,164mn in 3Q18 to Bt97,974mn this quarter. Average cost of debt is 3.1% per year. Profit EBITDA in 3Q19 was Bt21,135mn increasing 19% YoY and 11% QoQ, as a