debt as mentioned above and on lower cash and short-term investments. CPN emphasizes on the importance of effective management of its capital structure to be resilient towards the volatile money market
well. However, the commercial banks are tightening measures for credit undertaking with the worries on debt serviceability. Although, Thai commercial banking systems remained resilient as banks continued
the Thai baht remained in line with those of other currencies in the region, close monitoring of short-term capital flows is necessary. The overall financial system remained stable and resilient to
ratio of non-performing loans to total loans (NPL ratio) increased from 2.83% at the end of 2016 to 2.97% at the end of the third quarter 2017. However, Thai commercial banking system’s remained resilient
management of its capital structure to be resilient towards the volatile money market and capital market, as well as maintain its financing cost at an optimum level for its businesses going forward. Dividend
towards a circular economy, in which PET, due to its recyclability and recycling infrastructure is getting positive traction. The resilient nature of these core segments enable us to achieve visible
management of its capital structure to be resilient towards the volatile money market and capital market, as well as maintain its financing cost at an optimum level for its businesses going forward. (1
6M19 P a g e | 10 Compared to 1H18, the Company’s gross profit margin remained resilient with stable margin in 1H19 despite the closure of Dusit Thani Bangkok hotel. However, EBITDA margin and net profit