higher uncertainty, especially from foreign countries. In addition, the MPC raised concerns over the Baht’s increasing strength compared with the currencies of trading partners and competitors saying
Commerce. This topic measures the strength of minority shareholder protection against directors' misuse of corporate assets for their personal gain as well as shareholder rights, governance safeguards and
Integrity and Transparency Assessment 2024 SEC amends regulations related to requirement of minimum number of auditors in the capital market in an audit firm to enhance the overall strength of audit firms in
cost was due to the ability to maintain low financial cost as well as the Company’s policy to manage liquidity risk and interest rates fluctuation risk by mainly locking in long-term borrowing, which is
period that gives credit term to each customer. 4.4 The ability to procure additional sources of capital. The Company already has adequate financial facility, therefore no need for additional capital. 4.5
considering income and ability to repay. After adjusting, there was an increase of quality customers as well as the average credit limit per person raised since the first quarter of 2018. 1Q/2018 2Q/2018 3Q
decrease in finance cost was due to the ability to maintain low financial cost as well as the Company’s policy is to manage liquidity risk and interest rates fluctuation risk by mainly locking in long-term
times. This was due to the fact that net loans decreased while shareholder equity increased. The significant decrease of total debt to total equity ratio of the Company was due to the ability of revenue
debt to total equity ratio of the Company was due to the ability of revenue recognition from The Ritz-Carlton Residences, Bangkok (“RCR”) which is a part of MahaNakhon project. As a result, the Company