did not fully mirror the slowdown in revenue as there is a lead time for certain expenses that the Company must plan in advance such as advertising expenses spent on various media. Furthermore, the
projects as well as the decrease in advance deposits received from customers after the construction of the project completed and the units transfer began. Shareholders’ Equity As of 31 March 2020, the
to 10.36636 billion THB. 4 As a result of the above reasons, the interest-bearing debt to equity ratio and the debt-to-equity ratio have increased from 0.82:1 to 0.91:1 and from 1.00:1 to 1.14:1 as of
advertising services in four locations at a rate of THB 27,000,000 for the entire agreement term. On the agreement date, the Company paid all of the service fee in advance. However, on 14 February 2018 and 4
Baht 30-Sep-19 31-Dec-18 Total Assets 28,635 30,632 Total Liabilities 19,001 20,532 Total Equity (911) 172 Minority 10,545 9,928 Gr ou p HR C Gr ou p Management Discussion and Analysis Quarter 3 Ending
Price (Bht./Ton) 18,529 16,348 HRC Cash Margin (Bht./Ton) 1,848 2,427 Unit: million Baht 2017 2016 Gr ou p Total Assets 32,437 32,615 Total Liabilities 20,059 21,747 Total Equity 1,364 10,868 Average
1,336 HRC Average Selling Price (Bht./Ton) 18,529 16,348 HRC Cash Margin (Bht./Ton) 1,848 2,427 Unit: million Baht 2017 2016 Gr ou p Total Assets 32,172 32,615 Total Liabilities 19,781 21,747 Total Equity
Power Plant On 6 October 2020, Advance Clean Power Plant Co. Ltd., an indirect subsidiary, entered into a power purchase agreement with Provincial Electricity Authority for Biomass Power Plant with
(21.62) (4.64) 16.98 365.95% (21.72) (10.95) 10.77 98.36% Profit Sharing for the Period - The Company’s Equity (21.52) (4.86) 16.66 342.80% (22.24) (11.19) 11.05 98.75% - Non-controlling Interest (0.10
Baht 82 million or 35% from the increase in advance payment of Baht 97 million which was mainly comprised of advance payment to feedstock suppliers. Net plant and equipment increased Baht 283 million