from increase in natural gas price, thus sales in the portion of natural gas power plant electric power formula also increase in line with the fuel material cost of natural gas. In addition, cost of

financial institutions 344.24 13.02% 0.00 0.00% (344.24) (100.00%) Trade and other current payables 1,704.40 64.48% 1,955.97 62.50% 251.57 14.76% Current portion of long-term borrowings 15.41 0.58% 0.00 0.00

Pte. Limited (“FRD”) in the portion of 50 percent from its existing shareholders in order to participate in the operation of Asahan-1 Hydroelectric Power Project (“Asahan-1”) in the Republic of

388.89 Current liabilities Bank overdrafts and short-term loans from financial institutions 22.53 27.84 29.16 Trade and other payables 24.95 37.63 47.85 Current portion of long-term loans from financial

from financial institutions 22.53 27.84 29.16 Trade and other payables 24.95 37.63 47.85 Current portion of long-term loans from financial institutions 6.08 17.23 15.36 Current portion of liabilities

overdrafts and short-term loans from financial institutions 22.53 27.84 29.16 Trade and other payables 24.95 37.63 47.85 Current portion of long-term loans from financial institutions 6.08 17.23 15.36 Current

1,349.8 1,294.3 55.5 4.3 Unbilled Payables 481.0 459.8 21.2 4.6 Long-terms loans, current portion 16.1 29.0 (12.9) (44.5) Income tax payable 37.5 24.8 12.7 51.2 Advanced receipts from customers 58.6 87.8

, respectively. In 4Q’18, the company’s gross margin almost unchanged yoy. For year 2018, gross margin was 31% higher than 30% of year 2017. The improvement in gross margin was contributed by more revenue portion

Fund (SPF) for Samui Airport which include the rental portion of the sub-lease agreement and the variable portion based on the number of departing/arriving passengers from and to Samui Airport. However

ability to capture a larger portion of the value chain as well as reliably meet customer needs across geographies. Other 50% is contributed by PET and Fibers.  On a LTM basis, the higher-margins HVA