. The rating reflects the company’s position as the second largest private power producer in Thailand, highly predictable cash flow from i ts long-term power purchase agreements (PPA) with the Electricity

and near market value Payment term By cash with 180 days of credit term The reason To reduce the idle equipments in order to create maximum benefits for the Company and its subsidiary, CCET sold the old

provided by UE to the UE Group Companies in the form of promissory notes, together with interest thereon, and (c) cash and other assets; and (2) All liabilities of UE, comprising (a) the loan provided by

36.9 MB, which these transactions are non-recurring and non-cash losses. Finance cost Finance cost was 13.9 MB, an increased by 3.5 MB or 33.7% y-o-y due to the business combination. Net Profit/(Loss

to an increase in cash of Bt122 million, an increase of Bt54 million for the value of property, plant and equipment acquired for the additional investment in new factory (Phase 3) and the KCEA’s

million and Baht 4.2 million from new office building revenue and expenses. Financial Cost Financial cost in Quarter 1/2018 in Baht 10.1 million is equal in Q1/2017 as the company used operating cash flow

. - Biological assets – dairy cow increased for Baht 0.16 million, because gain from change in fair less estimated point-of-sale cost dairy cow - Other assets were cash and equivalent transactions to cash

million or 209.69% growth from that of Baht 454.21 million as at December 31, 2017, mainly attributable to increases by Baht 24.89 million in cash and cash equivalents following the initial public offering

at 31 December 2018, the Group reported total assets at THB 942.2 million, decreased by THB 4.3 million or 0.5% when compared to the prior year. It was mainly from the decreased of cash and cash

million, due to the adjustment of fair value of the dairy cattle in the subsidiaries. - Other assets were mostly cash and equivalent transactions to cash, deferred income tax assets and assets not used in