customers in Bangkok. 1.4 Company’s credit rating On February 17, 2020, TRIS Rating Co., Ltd. rated the company for the first time on the Standalone basis at “A-” with a “Stable outlook”. On February 19, 2020
, stable ratio with the corresponding period of previous year. The main reasons were an increase in employee expenses of Baht 1 million due to salary increasing and an increase in promotion expenses of Baht
, the Company and Subsidiary Companies received a share of profits from investments (by the equity method) of Baht 9.1 million; namely, a decrease of Baht 2.9 million from Q3/2016 (or equal to -24.2%YoY
+” with “Stable” outlook by TRIS Rating. Analysis of Operating Results In the year 2020, the operating results and the financial position of the company and its subsidiaries have been impacted, mainly from
(BGRIM) at “A” with “stable” outlook. The rating reflects the company’s position as one of the leading private power producers in Thailand, its well-diversified portfolio of cogeneration power units under
was stable y-on-y in 6M’2020 at 3.31 THB/kWh which is in line with the Ft charge announced by the ERC. FINANCIAL PERFORMANCE REVENUE STRUCTURE ABBREVIATION & OUR PROJECTSEXECUTIVE SUMMARY FINANCIAL
Calculation Method Net Tangible Asset (NTA) = Cannot be calculated as the assets are not considered as securities Net Profits = Cannot be calculated as the assets are not considered as securities Total Value of
Method Net Tangible Asset (NTA) = Cannot be calculated as the assets are not considered as securities Net Profits = Cannot be calculated as the assets are not considered as securities Total Value of
the stated policy of 30% of net profits. TRIS has reaffirmed IVL’s AA- rating after the announcement of the Spindletop (Huntsman EO & PO assets) acquisition. Perpetual debenture was refinanced at 200
expenses were 60.48 million Baht and 67.49 million Baht respectively. The expenses increased in line with the number of employees to support business expansion. The Company’s net profits were 94.55 million