increase in short-term loans from financial institutions for the use of the Company’s working capital as well as current portion of long-term loan from the Company’s investments. Interest-bearing Debt to
increase of Long-term Borrowing Debentures Baht of 2,996.8 million despite a decrease of Short-term from Financial Institutions of Baht 1,765.0 million. Interest-bearing Debt as of 31 March 2020 was Baht
overseas assets • Net debt to equity ratio at the end of 2Q 2020 stood at 0.98x, an increase from 0.48x on 31 December 2019 2Q 2020 SIGNIFICANT EVENTS Impacts of Coronavirus Disease 2019 (COVID–19) COVID-19
period of last year amount of 37.30 million Baht or decreased 37.30%. In 2019 the Company has the doubtful debt 22.90 million Baht, decreased from the same period of last year amount of 276.22 million Baht
was the main balance in total current assets, the management still believes that the Company could collect debt from the main customers based on the past experience. 3. Summary of financial position of
subsidiaries had higher number of complete condominium projects compared to the same period in the first quarter of 2017 which make the interest expense could not be capitalized as part of project cost. 4
project value of Baht 125.00 million. Under the contract, the project was due to complete in February 2018. Nevertheless, during installation, the installation areas were continuously affected by floods
expense since the Company and its subsidiaries had higher number of complete condominium projects compared to the same period of 2018. As a result, this interest expense could not be capitalized as part of
reasonable because the return on their investment is not satisfied and technology is very important in financial market to complete with new competitors in Cambodia. Besides, AFS is the shareholder, who have
consideration of issuing a license within sixty days from the date on which the SEC Office receives the application and supplementary documents in full. The Securities and Exchange Commission shall complete its