-income households. Nevertheless, high levels of household debt continue to weigh on household purchasing power. Headline inflation in the first quarter of 2019 was 1.2 percent, up from 0.4 percent in the

government sector introducing stimulus packages, which would cause demand for fuel consumption in the industrial and transport sector to increase. Moreover, the excess of crude oil supply trends to decrease

- 1,584 (61.0) N/A Installment sale receivables 19 21 22 15.8 4.8 Others 3 4 0 (100.0) (100.0) Interest expenses 445 608 581 30.6 (4.4) Debt issued – debentures 254 401 384 51.2 (4.2) Debt issued

4 0 (100.0) (100.0) Interest expenses 445 608 581 30.6 (4.4) Debt issued – debentures 254 401 384 51.2 (4.2) Debt issued – promissory notes 71 18 20 (71.8) 11.1 Borrowings 120 189 177 47.5 (6.4

Budget Act and drought. Furthermore, domestic spending may be limited due to weakening purchasing power and hefty household debt. Apart from economic woes, businesses face numerous other challenges that

worked more than 20 years shall receive payment not less than rate of wages for 400 days, so in 2nd.Quarter of 2019 The Company and Subsidiary Company has increased in provision for employee benefit

Refinancing In May 2019, solar projects in Thailand namely, Solarwa Project and TPS Commercial Project completed Baht 2.2 billion debt refinancing to another financial institution with tenors of 14 years and

increase in core business revenues by 11% y-y, and bad debt recovery by 27% y-y. The revenues of subsidiaries in Thailand and overseas shares 6% of total company’s revenues and overseas revenue grew by 50

level as the previous quarter. This was mainly contributed from an increase in credit card income by 14%, personal loan income by 15% and other incomes in bad debt recovery and collection service income

generation capacity and 10 tons per hour of steam generation capacity with the project cost of approximately Baht 3,105 million (the debt proportion is approximately 75 percent and the equity proportion is