long-term loans from financial institutions of THB 2,643mn and (vi) repayment of liabilities under finance lease agreements of THB 533mn. BUSINESS PLAN AND OUTLOOK We target for 2019, THB 7,200 - 7,500mn
liquidity ratio was 1.35 times. The Company maintained healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.09 times. 2019 Outlook 2018 was the final
% Effective Finance Cost 3.62% Credit Rating: AA- with stable outlook by TRIS in Sep’19 Net Operating Debt/Equity: 0.66 times 17% 15% 10% 19% 29% 2020 2021 2022 2023 2024 2025 & after 4% 5%LT Loan Debenture LT
consumption and impair household debt serviceability and (5) the sluggish investment demand due to uncertain macroeconomic outlook, tightening credit conditions, and the delays in government budget process. For
management’s assumpt ny future results, performan ments. OUTLOOK & IC) in bile data MHz, AIS has qu ta. We expect t r leadership in 3‐carrier aggreg rgeted handset broadband cov , AIS Fibre
maximize their value. TRIS Rating upgrade of corporate and debenture ratings to “AA” with stable outlook. In 2017, CPN launched 3 new condominium projects, which garnered positive responses. Sustainable
but not least, 4.) other supporting factors, namely public and private investments, were given a brighter outlook as the direction on the Eastern Economic Corridor (EEC) becomes clearer, which will also
March 2020 14 | P a g e Future Outlook Younique Customized Furniture 4.0 store upgrade instead of store expansion At the end of Q1/2020, the Company had 12 Younique Customized Furniture stores. To enhance
-19 Interest coverage ratio (time)** 0.36 -1.03 4.22 ** =EBIT/Interest expense Dusit Thani PLC Management Discussion and Analysis For 1Q20 P a g e | 8 2020 Outlook In addition to the domestic and the
to stakeholders. Significant Events in Q4/2018 5 Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q4/2018 and FY2018 Significant Events in Q3/2018 6 Q1/2019 Outlook and Business