Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the period ended 30 June 2023 of the Company and the subsidiaries (“the
(Translation) No. 10000000/008/62 22 January 2019 Subject: Resolutions of the Board of Directors’ Meeting regarding the investment in the Energy Recovery Unit Project through the acquisition of the
the company to have continuous operating funds in the initial stages, therefore having to borrow from financial institutions Causing liabilities to increase 3 The Company has shareholders' equity as of
whereas the account payables and other account payables increased Baht 42.42 million since from early 2016, the company has faced a lack of liquidity owing to continuous loss for several years causing an
growth of the same store sales of the overseas restaurants are decreased by 11.7 percent due to a higher competition in a restaurant business and a continuous economic slowdown in Singapore. In 2017, the
an domestic consumption slowdown, and the growth of the same store sales of the overseas restaurants are decreased by 11.7 percent due to a higher competition in a restaurant business and a continuous
outstanding shares are held by the company under (a); (c) Any company whose shares are held in continuous chain beginning from the company whose shares are held by the company under (b), provided that the
percent or more of its total number of outstanding shares are held by the company under (a); (c) Any company whose shares are held in continuous chain beginning from the company whose shares are held by the
sales of restaurants in Cambodia, China , UK and Switzerland declined by 11. 7 percent due to a higher competition in a restaurant business and a continuous economic slowdown in China and UK countries. In