profits stand at 31.43%, down from 34.90% due to foreign exchange fluctuations and the increase in energy costs. Total expenses were Baht 1,990.21 million, decreased by 4.46% and net profits reported at

reversed allowance for doubtful accounts amounting to Baht 15 million due to the Company received partial payment of advances for share subscription from Khun Pornpan. For year 2019, the Company received the

แผนการเงินของ บริษัท จุฑานาวี จำกัด (มหาชน) และบริษัทย่อย 15th May 2018 Subject: Report on a Resolution to Close Down a Subsidiary Company To: The President Stock Exchange of Thailand On 15th May

for long-time outstanding receivables in accordance with IFRS 9 (Financial -2- Instruments), which was partly due to the effect of COVID-19 causing the receivables to postpone payment; but when compare

year. Additionally, administrative expenses and interest expenses were decreased. Meanwhile, Availability Payment (AP) decreased according to the PPA and electricity profit was down by lower dispatch of

. Marketing expenses declined significantly by -12%YoY from lower activities during lockdown, while admin and other expenses dropped -5.5%YoY from shop rental saving during lock down and one-time legal

payment for financing activities was Baht 4,018 million, resulted from the drawn down short-term and long-term loans was Baht 12,327 million. The dividend payment to shareholders amounting to Baht 3,588

creditors for land and construction costs increase 857.10 million THB or 124.15%. The amount of down payment that is to be recognized increases 456.16 million THB or 197.10%. As a result of the above reasons

increases 1,814.03 million THB or 42.10% i.e. from 4,308.76 million THB to 6,122.79 million THB. 2. The amount of down payment of projects which the income would be recognized in the next year increased

construction costs increase 287.05 million THB or 45.26%. Moreover, the down payment of projects that are pending income recognition has increased 142.54 million THB or 16.63%. As a result of the above reasons