equity of the Group was considerably low at 0.25 time, same level as 0.25 time as at December 31, 2019. In summary, the Company had appropriate capital structure. GFPT Group Expansion Plan In the next 3- 5
while revenue from residential projects is expected to increase in 2H19 and accordingly with CPN’s business plan. In 2Q19, growth in the Thai economy decelerated primarily driven by a decline in export
Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 15 Executive Summary CPN’s total revenue and net profit continues to grow according to its business plan
due to lower prices. Net debt to equity is at 0.99 times, well below IVL’s covenants, and supported by stronger operating cash flow. The dividend payout of THB 1.225/share for 2019 remains higher than
such plan to maintain fair share and ensure that we preserve our quality subscribers. As a result, AIS’s mobile revenue stood at Bt32,880mn, increasing 6.4% YoY and flat QoQ. Enhanced convergence
Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 15 Executive Summary CPN’s revenues continues to grow according to its business plan. In 1Q19, the Thai
plan to draft the new Power Development Plan (PDP) to portray a clear picture of power sector development since some planned power plants in PDP 2015 could not be constructed as planned along with
’ equity 1,479.25 1426.43 1,114.61 729.34 Minority Interest 66.93 67.14 43.97 16.02 (Enclosure 4) 6 (b) Statement of Comprehensive Income Unit: THB million Statement of Comprehensive Income Q1/2018 2017 2016
of the Company was caused by cost of goods sold that adjusted upward slightly from the change in production plan and changes in sales mix of different product lines. Sales Expenses Sales expenses for