second quarter of 2022 to the second quarter of 2023 causing a higher interest rate in the second quarter of 2023 which lead to the increasing in finance costs. 6 Tax income (expense) Q2-2022 Q1-2023 Q2

repay the debt obligations including trade payables and other payables, short term loans, the current portion of long-term loans from financial institutions, and interest expenses. The repayment can be

Australia On March 19, 2019, Collector Wind Farm Pty Ltd, a wholly owned subsidiary of RATCH-Australia Corporation Pty Ltd, had signed a binding debt documents with Clean Energy Finance Corporation, the

could be attributed to a decrease of Baht 221 million, or 2.08 percent in impairment loss on loans and debt securities and an increase of Baht 835 million, or 2.13 percent in net operating income which

percent. (5) Debt Obligation The Corporate Group has policy to mitigate risk from interest fluctuation by taking long-term loan with fixed interest rate. Accordingly, as at December 31, 2019, the Corporate

fixed interest rate. Accordingly, as at June 30, 2018, the Corporate Group had no long-term debt obligation to comply with the terms and conditions of the loan agreement with the commercial bank. (6

March 31, 2020, the Company’s net interest-bearing debt to equity equal to 0.38x which is under target at 1x and considerably lower than debt covenant at 1.75x. The Company also has cash and short-term

amortized cost with effective interest rate. The Company recorded interest expense from the MRT Purple Line Project in the first quarter of the year 2020 in the amount of Baht 76 Million whereas recorded

. To manage risk that might occur from the fluctuation in currency. The Company has entered cross currency interest rate swap contracts to hedge its debt. In addition, the Company has unused unsecured

3.2 (16.7) (35.2) Total Revenue 423.6 100.0 1,462.6 100.0 (1,039.0) (71.0) 1 Backlog include only sale with sales and purchase agreements 2 Calculated from interest bearing debt to equity Management