Capital Structure • Total assets increased by 13.3% from the end of 2018 to Baht 114,038 million as of September 30, 2019, primarily due to the continual expansion of project portfolio both local and
dynamically manage credit risk while setting the direction of credit portfolio and business targets at customer and product levels on a continual basis. ACPM facilitates proactive management of credit risks on
continual. Following by tourists from Africa and the Middle East, the growths from these two regions were reported at 12.8 percent and 11.0 percent respectively. The number of European tourists increased by
expand on the back of domestic demand momentum. Private consumption expanded in line with the continual broad-based improvements in household income. Domestic investment expanded at a slower pace than
LIMITED Management’s Discussion and Analysis Change in Capital Structure • Total assets increased by 13.1% from the end of 2018 to Baht 113,801 million as of June 30, 2019, primarily due to the continual
improving interest coverage ratio in 2H19 due to the expected continual revenue growth of food business and higher revenue from education business. The Company’s financial position remained strong with
continued to gain further traction driven by both growths in domestic and external demand. The value of merchandise exports expanded solidly on the back of the continual increase in export quantity and rising