only to some industrial customers, which entered into short-term contract with specific quantities and delivery term (Made to Order). This helps the Company to efficiently control inventories aging and
(AIL) and store at AI Ports and Terminals Company Limited (AIPT)’s shore tanks at Hat Sai Ri Subdistrict, Mueang Chumphon District, Chumphon Province. With this strategic, the Company expects to cease
having a common director(s) with major shareholder. Letter of Intent / Memorandum of Understanding is signed with Christiani & Nielsen Energy Solutions (“CNES”) to provide services of designing
from customers 194 203 (5%) Other payables and accrued expenses 7,023 7,147 (2%) Accrued interest expenses 4,855 4,937 (2%) Provisions 319 270 15% Other current liabilities 386 364 6% Total current
%) Loan from shareholder 4 4 Advances received from customers 146 203 (39%) Other payables and accrued expenses 7,342 7,147 3% Accrued interest expenses 5,268 4,937 6% Provisions 367 270 27% Other current
%) Loan from shareholder 4 4 Advances received from customers 62 203 (229%) Other payables and accrued expenses 7,244 7,147 1% Accrued interest expenses 5,322 4,937 7% Provisions 384 270 30% Other current
Baht) As at 31 December Short-term loan from related parties 1,269 1,506 (19%) Short-term loan from other parties 107 107 (0%) Loan from shareholder 4 4 Advances received from customers 43 203 (377
for the repayment from the creditor. • Short-term loan from related parties decreased Baht 34 million. • Advances received from customers increased Baht 65 million. • Accrued interest expenses increased
implementation. Since then, the Company has started to gradually re acquire the old customers who had established alternative supply sources through competitors or resorted to cheaper imports. Overall Domestic HRC
Customers” which become effective for fiscal years beginning on or after 1 January 2019. The Group chooses retrospectively adjustment in the period of initial application. For statements of financial position