) implement the corrective plan or guideline notified to the SEC Office under (2) in order to regain the maintenance of capital in accordance with the Notification concerning Maintenance of Capital within
submitted its remediation plan to the Thailand SEC (SEC, 2019b). This would have helped them to quickly regain their reputation, win new clients and maintain existing clients. With limited choices of
specified under Clause 4, until such custodian can regain its financial position to be as required by the rules, and receives the permission from the Office to expand their business operation For the purpose
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
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
was thus reduced to 29% in 2019 as compared to 37% in 2018. To regain the market share and reduce imports, the Company had to resort to very competitive pricing which impacted the EBITDA adversely
previous quarter, primarily due to the following reasons: ➢ In Q1/ 2017, the company could regain bad debt at a net amount of Baht 3. 61 million, but in Q2/2017, no bad debt has been regained. ➢ In Q1/2017
quarter last year. Meanwhile, imports of Hot Rolled Steel decreased by 14% and Domestic Production increased on 11.5% compared to same period last year. To regain the market share and reduce imports, the