-bearing Debt to Equity increased slightly from 0.25 to 0.32 times as a result of higher debts and lower equity after the annual dividend payment. Shareholders' Equity As of June 30, 2018, shareholders

 to each offshore subsidiary's base currency.  Payout Analysis In Q218 THB 805m final dividend of THB 1.00 per share was paid during the quarter from the profits of 2017. In Q217 THB 805m final dividend

was due to the repayment of debt from Bt113,164mn in 3Q18 to Bt97,974mn this quarter. Average cost of debt is 3.1% per year. Profit EBITDA in 3Q19 was Bt21,135mn increasing 19% YoY and 11% QoQ, as a

September 2019 increased by 7% yoy due to higher profit accumulated but marginally increased 1% comparing to the end of 2018 because dividend paid for THB 300 million. 30 Sep. 30 Sep. 31 Dec. Sep 19 - Sep 19

THB 167.09 million, dividend received from subsidiary were THB 19.48 million. Profit attributable to equity holders of the Company of THB 24.94 million compared to the same period of the previous year

payments for construction, interest payment and dividend payment. - Other non-current assets were 403.27 million Baht, increased by 52.37 million Baht from advance in investment project and assets insurance

of household debt. On the other hand, public spending and investment continued to grow due to government’s relief measure through cash injection for people and businesses. As of August 31, 2020, the

fully hedged. Finance cost was Bt4,777mn, decreased 7.2% YoY, due to the repayment of interest bearing debt approximately Bt15,000mn. At the end of FY19, the total amount of interest bearing debt was of

. Power Business In 1Q2020, Total Revenue from Power Business and Share of Profit from Investment and Dividend Income totalled at Baht (102.5) million, a 130.1% decrease from Baht 340.6 million in 1Q2019

namely 1) Structural changes in Thai economy, particularly high level of household debt, that leads to low level of consumption 2) Escalating trade tension between US and the rest of the world, which could