ENTH

MD&A



 
 
 

Consolidated Performance Highlights

In 4Q/19, revenues increased 7%QoQ and 6%YoY to Baht 4,153.5 million. Shipping and Offshore Service Segments remained major contributors and accounted for 64-65% of the consolidated revenues. Gross profits increased 27%QoQ and 32%YoY to Baht 1,021.5 million due to better core performance across all segments. Accordingly, gross margin improved from 20% in 4Q/18 to 25% in 4Q/19. EBITDA increased 120%YoY to Baht 674.5 million. Meanwhile losses from non-recurring items in this quarter amounted to Baht 152.8 million, mainly from the allowance for bad debts and impairment of 2 cold-stacked subsea vessels under Offshore Service Segment. In summary, normalized net profits to TTA grew 1013%YoY to Baht 271.2 million and net profits to TTA grew 533%YoY to Baht 176.0 million in 4Q/19.

Performance Summary

 
The Yearly 2019 Financial Results Download
2019  
FY 2019 Consolidated Results Review Download
The 2019 Third Quarter Financial Results Download
The 2019 Second Quarter Financial Results Download
The 2019 First Quarter Financial Results Download
2018  
FY 2018 Consolidated Results Review Download
The 2018 Third Quarter Financial Results Download
The 2018 Second Quarter Financial Results Download
The 2018 First Quarter Financial Results Download
2017  
FY 2017 Consolidated Results Review Download
The 2017 Third Quarter Financial Results Download
The 2017 Second Quarter Financial Results Download
The 2017 First Quarter Financial Results Download
2016  
FY 2016 Consolidated Results Review Download
The 2016 Third Quarter Financial Results Download
The 2016 Second Quarter Financial Results Download
The 2016 First Quarter Financial Results Download
2015  
FY 2015 Consolidated Results Review Download
The 2015 Third Quarter Financial Results Download
The 2015 Second Quarter Financial Results Download
The 2015 First Quarter Financial Results Download
2014  
FY 2014 Consolidated Results Review Download
The 2014 Third Quarter Financial Results Download
The 2014 Second Quarter Financial Results Download
The 2014 First Quarter Financial Results Download
2013  
FY 2013 Consolidated Results Review Download
The 2013 Third Quarter Financial Results Download
The 2013 Second Quarter Financial Results Download
The 2013 First Quarter Financial Results Download
2012  
FY 2012 Consolidated Results Review Download
The 2012 Third Quarter Financial Results Download
The 2012 Second Quarter Financial Results Download
The 2012 First Quarter Financial Results Download
2011  
FY 2011 Consolidated Results Review Download
The 2011 Third Quarter Financial Results Download
The 2011 Second Quarter Financial Results Download
The 2011 First Quarter Financial Results Download
2010  
FY 2010 Consolidated Results Review Download
The 2010 Third Quarter Financial Results Download
The 2010 Second Quarter Financial Results Download
The 2010 First Quarter Financial Results Download
2009  
The Yearly 2009 Financial Results Download