1.43, increase from 0.32 at end of 2018. This improvement was mainly due to a repayment of all short-term borrowing from financial institutions. The debt-to-equity ratio improved to 0.35 at 31 March 2019
-Bearing Debt to Equity ratio was at 0.58x. Subsequent Event: The company obtained right to develop natural gas distribution and retail projects in six Hemaraj industrial estates, starting with the WHA
107.03 million, down by 2.68 million baht because of the repayment of long-term loans and loans under the financial leases at 3.81 million and the increase in the projection of employee benefits by 0.73
Partial Repayment in 2. and the Trade Debt reduction in 4., the Company’s net outstanding debt before the debt to equity conversion is in the amount of USD 123,899,729, or equivalent to THB 4,275,683,281.33
institutions, involving extensions, postponements, or adjustments to repayment schedules; and (5) a waiver of the obligation to maintain the net debt-to-equity ratio at the end of the 2024 fiscal year
in financing activities was Baht 766.71 million due to repayment of bank loans. As a result, net cash increased by Baht 401.91 million from the beginning balance. Net-Debt-to-Equity ratio as of March
from interest hair-cut according to compromise agreements and debt to equity conversion program. Trade accounts payable decreased by Baht 1,379 million, mainly due to the repayment of liabilities by
total assets as of 31 March 2019 decreased by 9% yoy. The decrease was mainly attributable to cash spending on annual capital expenditure and loan repayment as well as land disposal transaction. However
million after repayment and a reduction of account payables of Baht 14.14 million due to a reduction of the cost of construction. The debt to equity ratio of the 1st quarter was equivalent to -9.36 times
Group”) for the net trade debt repayment of USD 123,899,729, or equivalent to THB 4,275,683,281.33, under the debt to equity conversion scheme where the conversion price will be fixed at THB 0.1961 per