general, AIS has policy to mitigate currency risk using forward contract to partially cover capex payable. Finance cost was Bt1,460mn, decreasing -5.5%YoY due to lower interest rate while increasing 5.4%QoQ
loss was incurred from THB depreciation against USD. In general, AIS has policy to mitigate currency risk using forward contract to partially cover capex payable Finance cost was Bt1,414mn, decreasing
economics’ slowdown is expected to continue in 2Q19 since the negative impacts remain unsolved. The global economic is expected to be pressured from an uncertainty of the USA-China Trade War. New government
introduce several variables intended to control for the firm’s specific characteristics and other macroeconomic shocks and uncertainty. ❑ Following prior literature on political risk and firm value, we
lockdown offset by improving bad debt expense. Net FX loss was Bt181mn in 3Q20, turned negative, compared to FX gain of Bt344mn in 2Q20 as THB had depreciated against USD and increased capex payable. Finance
by 9% from 3Q/2018. On the other hand, it decreased from 2Q/2019 by 16% because the market had concerned on global economy uncertainty. In summary, market for 9M/2019 versus 9M/2018, crude palm kernel
-use assets. Total liabilities amounted to Bt280,046mn, which rose 2.1% mainly from the Bt12,610mn dividend payable. Interest-bearing debt stood at Bt85,729mn, decreasing slightly -2.4%. Net debt to
declined -2.7% mainly from decrease of long-term lease liabilities and spectrum license payable. Interest- bearing debt stood at Bt87,190mn, decreasing slightly by -0.7%. Net debt including lease liabilities
end of 2021 mainly from the Bt12,610mn dividend payable in 1Q22. Interest-bearing debt stood at Bt95,692mn, increased by 9% from an increase in short-term loans. Net debt to EBITDA (excluding lease