) mainly from lower gross profit from residential for sale, higher administrative expenses, financing cost increased from additional interest-bearing debt following the acquisition of GLAND in September 2018

average financing cost as of June 30, 2020 stood at 2.29% Net debt to equity ratio stood at 0.55x Capital Structure As of June 30, 2020, the Company reported total interest-bearing debt of THB 43,791 mn, an

of sale from 4Q19 onwards as well as transferred 2 standalone projects in 2Q20. Weighted average financing cost as of June 30, 2020 stood at 2.29% Net debt to equity ratio stood at 0.55x Capital

with those given under the Notification of the Securities and Exchange Commission Re: Determination of Definitions in Notifications relating to Issuance and Offer for Sale of Debt Securities. "short-term

million, declined from the wind power plant business being affected by seasonal factors, while the geothermal power plant recorded a decrease in profit from one-time financial expense for debt refinancing

ค่าใชจ้า่ยด้านการตลาดทีเพิมขึนจาํนวน 82.02 ลา้นบาท ซึง เปนการเพิมขึนของเงนิสนับสนุนงาน The Match Bangkok Century Cup 2022 ทีบรษัิทฯ เปนผู้สนับสนุนเงนิดังกลา่ว และทําการตลาด หน้ารา้นสาขาภายชือกิจกรรม The

กันของป 2565 โดยส่วนใหญเ่กิดจากค่าใชจ้า่ยการตลาดลดลงจาํนวน 67.64 ลา้นบาท ซึงลดลงจากเงนิสนับสนุนงาน The Match Bangkok Century Cup 2022 ทีบรษัิทฯ เปนผู้สนับสนุนเงนิ ดังกลา่วในชว่งไตรมาส 1 – 3 ป 2565

& Analysis (MD&A) Q1/2018 • Debt profile • The debt balance of the company and its subsidiaries as at 31 March 2018 was in Thai Baht currency and in Japanese Yen currency. • All interest-bearing debt is long

90 million, increased by Baht 15 million or 20% from Q3/2017 from the recognition as debt financing rather than asset of IRPC-CP after COD, and decreased by Baht 21 million or 19% from Q4/2016. This

business recorded net gains from foreign exchange THB 38 million. Mainly due to the Thai Baht appreciating against the Japanese Yen, resulting in the conversion of debt which was mostly in Japanese Yen, to