and Baht 55 million, respectively. The Group’s policy on allowance for doubtful accounts is based on past collection history, aging profile of outstanding debts and the prevailing economic condition

power plant business of Ua Withya Public Company Limited. As a result of the entering into the investment purchase agreement and transfer of claims on loans in all power plant business of Ua Withya Public

Company and its subsidiary applied the proceeds derived from the initial public offering in August 2016 and the rights offering in November 2016, respectively, to repay loans from financial institutions

in August 2016 and the rights offering in November 2016, respectively, to repay loans from financial institutions. Net Profits The Company’s 2017 and 4Q17 net profit increased substantially by 50% and

debt increased for working capital, while the long-term loan decreased due to increased cash flow from operations and as the Company repaid long-term loans in advance. As of June 30, 2018, Net Interest

financial liquidity which inevitably cause delayed payment or not receiving payment from the clients that may lead to the risk of bad debts. 2. The Company is aware that the finding of additional income from

Company being able to repay the debts within time specified and operate the business smoothly. Currently, the Company has the debts with interest with financial institutions and short-term loans of

perform any acts necessary or related and beneficial to the Company and the shareholders. In addition, the Board of Directors Meeting passed a resolution to approve ratification of loans to the

, covering the risks of various financial instruments and revision to the definition of special debts to encompass additional categories of outstanding debts. The SEC received valuable feedback and

million based on loans from financial institutions. Our interest-bearing debt therefore amounted to THB 2,145 million or equivalent to the ratio of interest-bearing debts to total equity of 0.31 times, up