lower than normal level. The Company has closely monitored the situation and has prepared approp riate measures for the drought situations. The effect of new accounting standards announcement (Effective
coming on-stream in 2018, as discussed in forthcoming sections, are providing im- petus to our business and our ability to generate positive operating cash flows. The Company reduced its leverage ratio
1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE For
return to profitability, PDI will: Carefully screen its assets and sell those that are no longer useful. In doing so expenses will be reduced and cash will be generated to invest in new M&A targets
Fax. 0 2695 9495 Finance and Accounting Division Tel. 0 2695 9499 Ext. 9421, 9449 In 2019, it needs to be evaluated as the early stage into the transition of the Company to new sustainable business. To
profitability, PDI will: Carefully screen its assets and sell those that are no longer useful. In doing so expenses will be reduced and cash will be generated to invest in new M&A targets. Further manage down
in 2019, the Company using the cash received from the Initial Public Offering (IPO) buy land for the construction a warehouse with an area of approximately 9 rai, resulting in a decreased in interest
, accounting for approximately 77.39 percent of the construction and services revenue. While other construction revenue comes from customers in the public sector. It accounts for about 22.61 percent of revenue
and work retention. • Inventories increased by Baht 13 million. This was primarily due to work in progress for engineering service. • Restricted cash increased Baht 12 million due to maintenance reserve