the Company filed a lawsuit against the debtor, totaling three cases, as a result of the total amount of debt. The cases are as follows: 1.3.1 The first lawsuit was filed against the debtor according to

December 2018, U City’s total interest-bearing debt was THB 20,344mn, an increase of 12.5% or THB 2,257mn from the balance as of 31 December 2017. This was mainly due to the assumption of outstanding debt

, in which the Company filed a lawsuit against the debtor, totaling three cases, as a result of the total amount of debt. The cases are as follows: 1.3.1 The first lawsuit filed under the joint

three cases, as a result of the total amount of debt. The cases are as follows: 1.3.1 The first lawsuit filed under the joint production contract with the Civil Court. Black Case No. 6168/2560. In this

repaid loans from financial institution, therefore, total interest-bearing debt was amounted to THB 4,737 million, a decrease of THB 4 million, representing an interest- bearing debt to equity ratio of

the debt to equity conversion scheme. In this regard, the total consideration for the Allocation and Offering of the Newly Issued Ordinary Shares of the Company under the Debt to Equity Conversion

lower long term borrowing from debt repayment and lower spectrum payable and lease liability. Interest-bearing debt stood at Bt116,749mn, decreasing by -8.2%. Total equity was at Bt88,278mn, decreasing

expenses 538,264 509,966 28,298 5.5 Total other operating expenses 2,731,928 2,909,774 (177,846) (6.1) Impairment loss on loans and debt securities 208,129 293,255 (85,126) (29.0) Profit from operating

25,163 5.5% 25,169 5.7% Total Equity 90,678 20% 94,003 21% Key Financial Ratio 2Q23 1Q24 2Q24 Debt to equity (times) 2.7 4.3 3.7 Interest-bearing debt to equity (times)* 1.0 1.4 1.2 Net debt to EBITDA

%. Net debt to EBITDA (including lease liabilities and license payable) was at 2.5x. Total equity was at Bt94,003mn, increasing 3.7% from increased retained earnings. Cash flow In 1H24, cash flow from