of 3(year debentures with a par value of Baht 1,000 each, totaling Baht 1,500 million. The debentures will be mature on August 21, 2018. The coupon rate is 4.5% per annum. The objectives of issuing the

) Contracted heat rate 7,409 Btu/KWh. Based on the current draft of Notification and proposal from our preferred EPC, we are confident that our qualified SPP projects, namely ABP1, ABP2 and BPLC1, would obtain

of time and at a higher rate than other currencies in competing markets, especially China. Despite the increase in raw material price and the baht’s strengthening, the Company was capable to maintain a

from last year’s which was in line with sales dropping rate. The gross profit in 2017 was decreased from Baht 257.7 million to be Baht 247.3 million or equivalent to 4.00% which was lower than sales

history occupancy rate, rental rate and operation plan of the Company.   JAS Asset Management Discussion and Analysis for FS2017 Page3/4 Financial Cost The Company financial cost in 2017 was 53.6 million

value in financial statement was based on fair value from Income Approach which was apprised by Independent Appraiser. The Appraisal value is based on history occupancy rate, rental rate and operation

steel domestic consumption decrease which suffered from slow down economics. Other income 21.9 27.7 26.6% A gain and profit in exchange rate comparing to the same period of last year due to efficient

exchange rate increased of Baht 6.75 million. The separate operating result for the year ended December 31, 2017 The Company had net income of Baht 14.55 million comparing to the same period of the previous

are as follows; Operating Performance 1. Revenues Unit: Million Baht In general of the year 2017, the Company could generate total revenue with growth rate 6 percent that came from the growth of

อัตราแลกเปล่ียน เพื่อเทียบกับค่าสกุลเงินบาท ณ วันท่ีคำนวณผลตอบแทน 25% Benchmark • 70% of Bloomberg Barclays Global Aggregate Total Return Index Value Hedged USD adjusted by the cost of exchange rate risk