orderly functioned. In case WAVE intends to increase its investment in TSE, it should be cautious on increasing its stake up to 35 percent, as it will cause WAVE excessive debt burden. Moreover, the Audit
Excessive Charge, Service Fees for Wastewater Management 3 Gross Profit from Operation excludes Other Revenue from Utilities Business. 4 Other Incomes mainly consists of Interest Income from Loans to GHECO
Profit Margin9 8.4% 51.9% 1 Operating Revenue consists of Raw Water Sales, Industrial Water Sales, and Wastewater Treatment Services. 2 Other Utilities Revenue consists of Excessive Charge and Service Fees
and all other services) and warehouse rental conform to fair market rate evaluated on 17 May 2019 - according to The Valuation & Consultants Company Limited. - 2 - 4. The total value of the
and strengthen professionalism in financial industry in term of financial knowledge, analytical skills, stock valuation and ethics-based performance which assures the quality of CFA certificate holders
from disposal of assets of 47.61 million baht, loss from impairment of vessels and equipment due to valuation of 30.43 million baht and unrealized loss on foreign exchange of 34.16 million baht
warehouse is set from the market price - evaluated by The Valuation & Consultants Company Limited. Assessor The Valuation & Consultants Company Limited Method of Valuation Market Comparison Approach 6
amount 2,500,000 Baht per month. - 2 - 5. Method use in calculation of value: The mentioned service rate of warehouse is set from the market price - evaluated by The Valuation & Consultants Company Limited
comparing on accounting valuation of River Kwai International food . Transaction Size 0.09% of Net Tangible Asset on June 30, 2018 is considered by only medium size which is more than 1 million Baht by less
amount 2,500,000 Baht per month. - 2 - 5. Method use in calculation of value: The mentioned service rate of warehouse is set from the market price - evaluated by The Valuation & Consultants Company Limited