Debt to Equity improved from 0.25 to 0.18 times as a result of lower debt and lower equity. Shareholders' Equity As of December 31, 2019, Shareholders' Equity totaled Bt11,762 million, a decrease of

respectively. This is the result of the decline of long credit term branded business. At the same time, the company and its subsidiaries recorded allowance for doubtful accounts totaling 62 million baht due to

additional profits according to the operating results of WICE SG. In addition, WICE SG will help increase the number of overseas branches for the company. Which will result in even more revenue growth for the

connected transaction, because such directors demonstrate relationships with JMART which may result in their being considered as interested directors in connection with the agenda item to consider the

recognised non-recurring items comprising of 1) COMASS’s acquisition related expenses of THB 2mn and 2) Net gain from deferred tax adjustment of THB 4mn. As a result, net profit from operation increased by

Q2/2017 increased from Q1/2016 by Baht 65 million or 9%, as a result of the better performance of the company’s power plants, as well as, IRPC Clean Power Phase 1’s major customer resumed its operation

period last year. For the economic stability, headline inflation decelerated from the last quarter as result of this year’s improved supply and high base effect from last year’s drought. EASTERN WATER

revenue recognition from other business, which was in the investigation process. In addition, the Company has increased administrative expenses as a result of the various expenses related to the new

result from lose purchased order from previous customer and the Biodiesel blend in Diesel Mandate has been at 5% or B5 since November 10, 2016 till the beginning of May 2017, where the Ministry of Energy

profit from EMS business and retail business. As a result, overall net profit increased. Analysis of revenues EMS business In 2Q17, the Group generates revenue of Baht 553 million from EMS business, which