global economies and may lead to economic recession. Meanwhile, managing loan quality and NPL will continue to be major challenges, especially during the economic downturn. However, with a relatively high
, Depreciation and Amortization (EBITDA) In 4Q18, EBITDA was THB 307 million, falling by 46.1% from 4Q17. A relatively decrease in EBITDA was owing to aforesaid sales hotel in 4Q17 and THB 42 million employee cost
operation in GS. The area under the water supply contract has high water requirements. This area is full of the community, tourist attraction, and industrial factory which currently suffers from the shortage
purchase the Company’ s ordinary shares No. 3 ( the “U-W3 Warrants” ) at no cost, totaling Baht 2,172 million; and (b) accepting the assignment of all of UE’s loan owed to BTSG, together with interest
quarter of 2018 continued to improve. Export performance remained strong, with 12.3 percent year-on-year expansion. Tourism also continued to perform well despite the end of the high season, as tourist
Discussion and Analysis | 2 Executive Summary In quarter 3/2017, palm oil production both in Thailand and International Market continuously remained high after the impact from El Nino has ended. Thailand crude
statements and the cost that the Company obtained the Land and Buildings. Although the price from negotiation with NML in this transaction is lower than the appraised market value or equal to Baht 14.74
. Other operating expenses fell Baht 471 million or 2.83 percent over-quarter. Given that the decrease in income was more pronounced than that of other operating expenses, our cost to income ratio rose to
power, as farm income continued to be constrained by low prices of agricultural products and nonfarm income remained lackluster. Moreover, high levels of household debt caused the generation of new loans
base and to reduce impact of high competition from lower population under educational age. In 2Q19, EBITDA from education business was negative by THB 12 million, a decrease of 9.1% yoy, due to decrease