118.62 150.35 23.58 161.76 (3.99) ( 116.39 1 19 nge of Thaila Ltd. (EPCO) e period prev 0, 2019 is Ba s year, an inc ries as follow % 2 65.38 (37.77) 56.03 7 63.41 77.19 66.75 5 544.55 40.40 1,544.99

the MRT Purple Line Project by novating M&E accounts payable to long term loan from financial institutions totaling Baht 13,619 Million which is the same amount that the Company has the obligation. This

Electronics (Thailand) Public Company Limited No.1/2020 was held on February 28, 2020 at 11.00 – 12.00 Hrs. the following resolutions were passed: 1. Approved the Audited Financial Statement of the year ended

Company Limited (“Solaris”). The allowance is based on a conservative accounting approach. This amount can be reversed in the future if debt is repaid. Other reasons are as follow:- 1. Total revenue

of 2018 Page 4 of 6 1.2.3 Finances Cost The financial expenses for 2018 amounted to Bt139.4 million, a decrease of Bt20.9 million or 13.0%(y-o-y). As the long-term loans of the Group have been

% Services Income structure of 2018 Page 4 of 6 1.2.3 Finances Cost The financial expenses for 2018 amounted to Bt139.4 million, a decrease of Bt20.9 million or 13.0%(y-o-y). As the long- term loans of the

income taxes (EBIT margin) at 48.0% and the EBITDA was totaled to Bt634.3 million, increasing by Bt27.4 million or 4.5% (y-o-y) and EBITDA margin was of 61.5%. 1.2.3 Finances Cost The financial expenses

Group has adopted the new Thai Financial Reporting Standards (TFRS) no. 15, Revenue from contracts with customer. The adoption of TFRS 15 mainly affects the Group’s accounting treatment cause the Group

according to TFRS15. Moreover, there was selling expense for Testing and Inspection service amounting of 0.36 Million Baht, or 130% compared to the previous year. 4. Financial cost slightly increased 1.20

, RATCH-Australia Corporation Limited (“RAC”) (an indirect subsidiary in which the Company holds 80 percent stake) has achieved its financial close and started the construction of Collinsville Solar Power