-bearing debt to equity ratio of 2.41x, decreasing from 2.49x as of 31 December 2019. This was caused by decreased interest-bearing liabilities due to repayment of long- term loans and leasing loans as well
decreasing due to the impact of COVID-19 outbreak, such preventive measures of social distancing and curfew. It caused the Group had to improve budget costs control in some projects. Such as increased costs of
decreasing Baht 0.47 million or approx. 58.02% decrease. The approximate 30.52 % were gained from the interest receivable of bank deposit. Cost of Construction The company and subsidiaries’ cost of
decreasing in ordinary shares of non- controlling interests of Baht 0.81 million. 2. The separate financial statements 2.1 Report and analysis of Business Operations Revenue Revenue from operations Revenue
million and loss on loan to subsidiary of Baht 350 million. The loss for the period of YE 2019 is Baht 358 million decreasing by 42% from last year (YE2018: 621 million). However the Company is in the
revenue of 3,648 million Baht, increased by 42% YoY and 101% QoQ, mainly due to revenue from the ESSE Asoke. Net profit of Q4’2018 was 305 million Baht, decreased by 53% YoY and 4% QoQ. Decreasing in net
borrowings, decreasing from 75% of fiscal year 2018. To manage risk that might occur from the fluctuation in currency and interest rate of long-term a debenture in foreign currencies, the Company has entered
income. The income base has been expanded to include rental property business as it is one way to efficiently manage the Company’s assets while purchasing power is decreasing as well as to reduce risks
supply significant portion of our internal electricity use decreasing further operational expenses. 2. Outlook Economic growth accelerated in the third quarter from the near five-year low in the second
resulted in the Group’s Same-Store Sales Growth decreasing from +7.4% to -5.3% respectively. Franchise fee income increased from THB 15.2 Mn in the 3rd quarter of 2018 to THB 22.0 Mn in the same period of