entrepreneurs have won the bidding for some part of the project and some part of the project is delayed for indefinite duration. On May 13, 2019, the company obtained an offer from Mr. Suparuek Na Songkhla, Mr
those segments delayed theirs the projects; however, the situation started easing towards the end of the quarter. In addition, the Company had structured its group business by transferring the entire
to maintain liquidity. Public expenditure was affected by the delayed enactment of the Annual Budget Expenditure Act B.E. 2563. The government is also reallocating parts of its budget to mitigate the
Guarantee (“LG”) from one local commercial bank to guarantee the usage of electricity in production process of the Company. The tenor of first SBLC is 9 months and able to rollover for the whole tenor of main
radio and communications system estimated at Baht 35.04 million, revenue from the sale of electricity to about Baht 23.30 million, services income from water quality improvement of Baht 28.38 million
of the Provincial Electricity Authority, the Construction project to improve the electricity distribution system to underground cables in Sisaket Province of the Provincial Electricity Authority, the
cannot generate revenue immediately; some investments are not fully utilized or have not reached an optimal level yet; and some projects are delayed. Thus, costs per unit climbed up at this point; 4
71.7 (31.5) (43.9) Deferred tax assets 65.3 45.2 20.1 44.5 Other non-current assets 15.3 33.1 (17.8) (53.8) Total Assets 5,675.8 4,272.8 1,403.0 32.8 Assets As of September 30, 2019, the Company’s total
. According to the Power Purchase Agreement (“PPA”) with Electricity Generating Authority of Thailand (“EGAT”), which based on the principle that annual Availability Payment (“AP”) will not be lower in year of
problems from delayed projects and unexpected budget allocation of Government Projects. Expansion to private sector will result diversification of risk from variety of customers and source of income and cash