specifically investment expenditure for the Telecommunication Infrastructure Project of Ministry of Digital Economy and Society has been expanded. Meanwhile, the government investment slowed down because the
capacity utilization at all PCB facilities during the first quarter, while defect rates gradually improved and several cost reduction initiatives were taken up. In addition, the THB depreciation and a
in capital expenditure. However, external demand softened as the value of merchandise exports grew at a slower pace. (Source: BOT Press Release No.3/2020 on the Economic and Monetary Conditions for
. As of December 31, 2017, Net Interest-bearing Debt to Equity improved from 0.45 to 0.31 times as a result of lower debts and higher equity. Shareholders' Equity As of December 31, 2017, shareholders
chain disruptions. Mobility improved before softened in March 2020 due to lower auto manufacturing. Capital Expenditure Program IVL expects its balance sheet and cash flow from operations to remain strong
) Interest Coverage = (Cash Flow from Operations + Interest Expenses + Tax) / Interest Expenses 22) Debt Service Coverage = EBITDA / (Debt Payment + Capital Expenditure + Investment in Fixed Assets + Dividend
the second half of the year. However, government expenditure was slightly decline as well as the contraction on agricultural and construction sector. The Thai economy in 2018 is expected to expand more
comparison with the previous year, due to the delay approval process of budget expenditure of the government for the 2020 fiscal year. • Revenues from sales and beauty treatment services for the year 2019 were
Company gradually repaid its long-term loan in advance and set-off the total USD loan before maturity date by the end of 2018. As of December 31, 2018, Net Interest-bearing Debt to Equity improved from 0.31
million or increase 232.3%, due to the company has improved its production efficiency and gain from sale of flexible packaging. 3. Selling expenses In year 2017, the selling expenses was Baht 9.96 million