and Baht 55 million, respectively. The Group’s policy on allowance for doubtful accounts is based on past collection history, aging profile of outstanding debts and the prevailing economic condition

to Equity Conversion Scheme 1.1 Policy of the Debt to Equity Conversion Scheme Jutha Maritime Public Company Limited (the “Company”) has suffered from the severe economic fluctuations due to the

Cycle (Days) 43 48 Total Debt to Equity Ratio (Times) 0.51 0.51 Interest Coverage Ratio (Times) 72.99 73.26 Debt Service Coverage Ratio (Times) 56.23 6.55 (3) Asset Management Capability (3.1) Debtor

maximize market opportunities in 2018.” 2. Outlook General economic conditions are favorable: there is growing expectation that Q4 2017 GDP growth in Thailand will have accelerated to 4.5% y/y (versus 4.3

purchasing power of consumers in middle-low income levels decline from the economic slowdown. While the total revenue from the core business increased 0.7%QoQ, driven by higher usage amount of other services

ease this pressure, and with the upward trend in prices, we will continue to expect healthy margins.” 2. Outlook Overall Thai economic activity in the first quarter of 2018 beat expectations with an

shrinking of the export sector due to lower demand from overseas trading partners. In addition, this has negatively impacted local economic activity, particularly consumption and investment in the private

 interest bearing debt.  Cash reserves and financial investments at the 30th June 2017 were THB 10.0 billion up from 30th June, 2016 were THB 9.5 billion.  Asset Quality Accounts Receivable Most of customers

 applicable to each offshore subsidiary's base currency.  Payout Analysis No dividends were paid out during the quarter. Financial Status The group currently has no interest bearing debt.  Cash reserves and

agricultural products. However, the government has been trying to stimulate the economy and revive consumer confidence by launching economic stimulus measures such as "Shopping for the Nation", which was held