Projects under Construction 4 out of 6 SPPs under the joint development with Gulf MP were achieved COD this year. Another 2 SPPs, namely Gulf TS4 and Gulf NLL2 are scheduled to achieve COD on 2018 and 2019
holding of 51%). However, The Group still focused on managing and controlling cost to be continuously achieve maximum efficiency. Even through, the first half year of 2020 is a challenging half year for the
affordable price. The Company has established the three-year strategic plan during 2022-2024 for the organization to achieve sustainable income growth rate and profitability as well as income and profit growth
investment in last year. The Company maintained healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.56 times. 2019 Outlook Company maintains 2019 outlook
backlog was THB 16,745mn, decreasing by 6.9% as compared to the end of 2018 of THB 17,981mn. Although the JVs had sturdy sales in The Line Wongsawang, The Line Ratchathewi and The Line Phahonyothin Park
healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.10 times. 2018 Outlook Maintain 2018 forecast, yet adjust down new hotels opening • Despite Boat
Junction branches that could not achieve its target performance. In the past year, the Company closed a total of 5 branches. However, the Company has adjusted its operating strategies by increasing sales
units in order to achieve efficiency in the overall operation of the company. (4) have performance appraisal and personnel development in order to maintain staff’s professional competence to remain fit
achieve efficiency in the overall operation of the company. (4) have performance appraisal and personnel development in order to maintain staff’s professional competence to remain fit and proper for the
coordinating with other units in order to achieve efficiency in the overall operation of the company. (4) have performance appraisal and personnel development in order to maintain staff’s professional competence