1 (Translation) MD. 134/2019 August 7, 2019 Re: Management Discussion and Analysis For the Operating Results ended June 30, 2019 To: President The Stock Exchange of Thailand Management Discussion and
from 0.32 at end of 2018. This improvement was mainly due to a repayment of all short-term borrowing from financial institutions. The debt-to-equity ratio reduced to 0.38 at 30 June 2019 compared to 2.34
1 (Translation) MD. 107/2018 August 8, 2018 Re: Management Discussion and Analysis For the Operating Results ended June 30, 2018 To: President The Stock Exchange of Thailand Management
1 (Translation) MD. 155/2018 November 14, 2018 Re: Management Discussion and Analysis For the Operating Results ended September 30, 2018 To: President The Stock Exchange of Thailand Management
was mainly due to (1) an increase in cash and cash equivalents and (2) a decrease in liabilities under lease agreements. The debt-to-equity ratio decreased to 1.11 as of 31 March 2021 compared to 1.22
. The debt-to-equity ratio reduced to 0.40 at 30 September 2019 compared to 2.34 at the end of 2018. This improvement was mainly due to (1) the repayment of all short-term borrowings from financial
group companies have a financial obligation to maintain the debt to equity ratio. Despite an increase in debt obligations for Carnival Magic Project, the group companies are certain that Carnival Magic
ratio. Despite an increase in debt obligations for Carnival Magic Project, the group companies are certain that Carnival Magic Project will generate stable income and profit for the group companies as
Financial and Ratio As at 30 September 2019 2018 Liquidity Ratio Current Ratio (Time) 1.4 1.5 Quick Ratio (Time) 4.6 4.7 Collection Period (Day) 22.0 22.5 Stock Turnover Period (Day) 8.3 8.3 Payment Period