year. Financial Cost Most of financial cost resulted from loan interest on loans borrowed to develop projects, which are capitalized as development costs for the projects until construction completion
projects. 3. Finance costs The Group has financial costs during on Q2/2020 increased totaling of Baht 3.06 Million, compared to same period of last year. Due to short-term loan from a financial institution
since January 1, 2020, the Company reclassified loan from financial institution for the MRT Purple Line Project (the MRTA is fully responsible for both loan repayment and interest expense in accordance to
-term loan repayment, and the increase in cash and cash equivalents. Debt to equity ratio was 1.95, decreasing from 3Q18, as a result of the decrease in long-term loan and the increase in shareholders
., Ltd. and Mr. Nirum Ngamchamnunrith (Mr. Nirum is a majority shareholder of Mahachai Steel Center Co., Ltd.) (the “Mahachai Group”). The Company entered into a loan agreement dated February 17, 2014
environment, but its lending and deposits in the third quarter of 2018 grew further, with lending expanding at a higher rate than deposits. Consequently, the loan to deposit ratio has risen from the previous
percent increase from last year, due to rising interest income as loan growth accelerated. However, loan impairment charges set aside for credit losses in compliance with IFRS9, which will be effective in
liquidity, capital structure, potential for generating income in the future and the better financial status as the Company does not create an additional liability from loan and can reduce the financial cost
is increased by Baht 189 million or 52% compared to the revenue of the prior year. It results from the increase in orders from a major customer of the manufacture and assembly of electronic circuit