to each offshore subsidiary's base currency.  Payout Analysis No dividends were paid in Q118 or Q117. Financial Status The group currently has no interest bearing debt.  Cash reserves and financial

debt increased for working capital, while the long-term loan decreased due to increased cash flow from operations and as the Company repaid long-term loans in advance. As of June 30, 2018, Net Interest

 of THB 1.00 per share was paid during the quarter from the profits of 2016. Financial Status The group currently has no interest bearing debt.  Cash reserves and financial investments at the 30th June

every month. As the company has received a great amount of cash in Q3/2018, the company has repaid its short-term debt. The company still has a policy to invest more in both waste treatment and real

6.5%, declining from 8.1% of the previous year. However, the Company gave priority to maintain interest-bearing debt to equity ratio in an optimal level. At the end of the third quarter, interest

was due to the repayment of debt from Bt113,164mn in 3Q18 to Bt97,974mn this quarter. Average cost of debt is 3.1% per year. Profit EBITDA in 3Q19 was Bt21,135mn increasing 19% YoY and 11% QoQ, as a

) Interest Coverage 269.3 29.2 Debt Service Coverage 222.7 5.0 Total Debt to Equity 0.2 0.5 * calculated by using earnings of current quarter to be estimated for annual earnings ** based on only cost of

2019 equal to 770.5 million Baht as a result of an adoption of TFRS 16. While the Company’s shareholder’s equity stood at 1,300.4 million Baht, an increase from the end of 2019. The Company’s debt to

% which was an increase in lease liability from accounting measure No. 16. While the shareholders' equity is 1,305.1 million baht. This gives the company a total debt to equity ratio of 1.38 times and

million as of December 31, 2019 as a result of the company paying dividends to shareholders. 1H20 was 0.92 percent and the debt to equity ratio was 0.18. (Unit : Million Baht) Consolidated Financial