According to the referral from the Stock Exchange of Thailand (SET) and the SEC’s further investigation, Warot and Jeeranan, former EY assistant auditors, were involved in irregular securities and
management regarding the reasonableness of irregular transactions. The internal audit unit should also support the audit committee’s work to enhance effectiveness. In addition, an adequate and appropriate
, gain (loss) on exchange rate and other irregular items) reached Baht 422.68 million in Q1 2021. Our core operating profit continued to be strong after the recovery in Q3 2020. The average core operating
rate and other irregular items) reached Baht 520.9 million in Q1 2022; a 23.2% increase from that of Q1 2021 of Baht 422.7 million and 62.5% increase from average quarterly operating profit in 2021 of
other irregular items) reached Baht 784.7 million in Q4 2022; a 161.3% increase from that of Q4 2021 of Baht 300.2 million and 144.7% increase from average quarterly operating profit in 2021 of Baht 320.6
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
Management Discussion and Analysis for the year 2021 4 Core Operating Profit (defined as Earnings before Interests and Taxes exclude interest income, gain (loss) on exchange rate and other irregular items) for
liquidity ratio was 1.35 times. The Company maintained healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.09 times. 2019 Outlook 2018 was the final