million, and (3) leases liabilities of THB 275 million, according to the adoption of IFRS 16 Leases standard. The Company’s interest-bearing debt, in exclusion of leases liabilities, were THB 3,372 million

to 10.36636 billion THB. 4 As a result of the above reasons, the interest-bearing debt to equity ratio and the debt-to-equity ratio have increased from 0.82:1 to 0.91:1 and from 1.00:1 to 1.14:1 as of

) Asset 6,425,974.15 Debt 156,505.68 Equity 6,269,468.47 Revenue 11,441.97 Expense 741,973.47 Net Loss 730,531.53 4. Type of transaction To engage in land rental agreement, is considered to fit under the

Company’s interest-bearing debt, in exclusion of leases liabilities, were THB 6,050 million, up by THB 1,921 million, representing the interest-bearing debt to equity ratio at 0.7 time, up from 0.5 time as of

% Debt to equity (times) 0.3 0.4 Asset turnover (times) 0.7 0.4 Remark:  Financial ratios were calculated based on The Stock Exchange of Thailand’s formula. MANAGEMENT OUTLOOK The COVID-19 pandemic has

COVID-19 epidemic situation, the performance of Trading business felt 66.10% YoY, mostly from sales of the catalyst for aromatics production is over Baht 800 million, which is Big Lot sales based on

. Total liabilities were 38,837 million Baht, increased by 78% from last year, the debt financing is essential to support new project development and acquisitions. Thus, interest-bearing debts to equity

debt level and severe competition in the real estate market, the Company is rated A- by Tris Rating Co., Ltd. The Company is, therefore, able to save costs from lower interest rate when raising funds

THB 155.82 million. Mainly due to decreased in allowance of doubtful debt by THB 11.72 million net offsetting with increased in roadshow and press conferences to investors by THB 3.1 million and

times the capital ratio provided by the Bank of Thailand Risky assets + X (X = Total value of the debt securities being offered for sale based on the risk weighted rate at 100%( 19 Clause 44 The approved