swap by a new share issuance. Part 1 The Company will purchase the first portion of the Sale Shares from the Seller in the amount of 10,710,000 shares, equivalent to 35.7 percent of the total sold shares

, and the current portion of long term loan decrease Baht 2.29 million due to the company had paid continuously. 2.2 Non current liability as at March 31, 2018 amount of Baht 32.4 million decrease Baht

160 - Total non-current assets 2,246 2,284 -2% Total Assets 4,562 4,390 +4% Bank overdrafts and short-term loans from financial institutions 1,642 1,328 +24% Trade payables 324 473 -31% Current portion

acquired in 2016 and 2017. In 2018, the revenues from renewable energy are starting to contribute a significant portion of the profits. Padaeng Industry Public Company Limited and its subsidiaries (“the

from financial institutions decrease by Baht (49.63) million Current portion of long-term loan from financial institution increase by Baht 4.59 million Deferred income tax liabilities increase by Baht

overdrafts and short-term loans from financial institutions 1,488 1,512 (2%) Account payables 463 437 5.9% Current portion of long-term loans from financial institutions 142 190 (25%) Current portion of

, 36 MW solar farms in Thailand have been acquired in 2016 and 2017. The revenues from renewable energy are starting to contribute a significant portion of the profits since 2018 onwards. Subsequently

effective in 2019. 2.2 The decrease gross profit margin in the remaining portion resulted from the Indirect costs, most of which are fixed costs, were not decreased in the same direction of Sales. Gross

at March 31, 2017 was Baht 4,351 million, comprised of interest bearing debts of Baht 2,325 million, which are bond Baht 2,000 million, current portion of long-term loan from financial institutions

from financial institutions of THB 1,660 million, trade payables and other payables THB 1,494 million, other current liabilities THB 78 million, and the current portion of long-term loans from financial