THB 1,386.0 Mn respectively, an increase of THB 917.4 Mn. This increase in shareholders’ equity was mainly derived from the share premium relating to the initial public offering at THB 955.4 Mn. Other
than the second quarter of 2019 by 1,005.8 million baht, or an increase of 35.6%. As results of transferred activities from non-joint ventures amount of 3,088.5 million baht and joint ventures company
and trade payables and other payables dropped. Shareholders’ Equity As of 31 December 2018, the Company held shareholders’ equity of THB 4,982.72 million, increasing 4.10%. The minor increase in
components of equity increase of 0.32 million baht and non–controlling interest decrease of 32.96 million baht thus leads decreased in equity of 1,475.81 million baht from year 2017 as amounting of 1,898.57
June 2018, the Company held shareholders’ equity of THB 4,959.75 million. The increase in shareholders’ equity was mainly caused by the Company’s initial public offering (IPO) as well as the retained
payable increase and debenture issuance. While shareholders’ equity increased to 4,806.6 million baht. The Company’s debt to equity ratio for the ending 30 June 2018 was 3.12 times and the Interest Bearing
company to have continuous operating funds in the initial stages, therefore having to borrow from financial institutions Causing liabilities to increase 3 The Company had shareholders' equity as of 30
% or THB 13,902mn from 31 December 2017, mostly from the EBT of UE, which was funded by a capital increase via issuance of preferred shares in the first quarter Net debt to equity ratio as of 31
manpower in 2019. Equity Please be informed accordingly • As of YE 2019 and 2018, Equity were THB 360.7 million and THB 120.3 million respectively. The rising portion were from increase in share capital THB
million baht from 2016. The increasing in shareholder’s equity was because the Company capital increase from General Mandate and share premium increased from increase capital. The Company debt to equity