Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the year ended 31 December 2021 of the Company and the
purchase agreement and transfer of claims on debts of loan in Power Plant Business of Ua Withya Public Company Limited to Absolute Clean Energy Public Company Limited on August 21, 2020 Financial Status As
Master Plan ? to support the development of projects for reduction of greenhouse gas emission by clean development mechanism (CDM Project) as well as provide business operators with more access to sources
customers did not renew the contract and the volume of existing work was declined. Income from debt collection service was 43.28 million baht and 51.55 million baht in 2017 and 2018. In 2018, revenue from
our new and existing customers. Unit : million Baht Jan - Sept 2020 % Jan - Sept 2019 % Change %YoY Sales and Services Revenues 382.82 99.4 250.79 99.6 132.03 52.6 Other income 2.33 0.6 0.94 0.4 1.39
59.98 % increase due to the abovementioned operating loss of the current quarter as mentioned above. On June 15 - 19, 2020, the Company offers ordinary shares by number of 495,416,810 shares to existing
investment in associated company (BBF) of Baht 19.93 million since there were new biodiesel producers and the existing biodiesel producers expanded their production capacity, resulting in high competition and
its newly issued shares within Q2 2020/21. The remaining of 10.0% investment through the purchase of existing shares is expected to complete within Q3 2020/21. About VGI Vietnam VGI Vietnam is a leading
% Trade and other receivables 56.0 2.3% 62.8 2.6% 6.8 12.2% Property development costs 156.7 6.5 186.0 7.6% 29.3 18.7% Other current asset 26.7 1.1% 33.7 1.4% 7.0 26.2% Total current asset 260.7 10.8% 305.9
. Although, the Company incurred the increased selling and administration expenses a main reason was the increase of the rents of the existing branches and new branches. EBITDA profits from the performance in