expenses of the consolidated accounts in Q3/2017 was higher than last year at the same period mainly due to marketing expenses in advertising and presenter to motivate customer to use its services. SG&A as

เพ่ิมขึ้นร้อยละ 13 เมื่อเทียบกับไตรมาสเดียวกันของปีก่อน ค่าใช้จ่ายในการขายและบริหารของงบการเงินรวมเพ่ิมมาจากบริษัทในธุรกิจเสริมความงาม จากการที่ บริษัทดังกล่าวมีการลงทุนในการการตลาดไม่ว่าจะเป็น presenter

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

and small business loan. Although, the non-performing loans affected profitability, but the Thai commercial banking system still remained sturdy. Credit Rating Land and Houses Bank Public Company

loan. Although, the non-performing loans affected profitability, but the Thai commercial banking system still remained sturdy. Credit Rating Land and Houses Bank Public Company Limited is assigned the