the EBT of UE, which was funded by a capital increase via issuance of preferred shares in the first quarter Net debt to equity ratio as of 30 September 2018 stood at 0.53x, an improvement from 0.93x
Industrial Users (IU). Renewable Energy In 1Q2020, Solar Rooftop Projects (18.8 Equity MW) generated Baht 8.5 million of Revenue and Share of Profit to WHAUP, a Baht 5.9 million increase from 1Q2020, as a
financial cost was calculated based on whole year. Subsidiary company’s finance cost increased by 1 million Baht. Subsidiary company had loan increased 28 million Baht; short-term loan 18 million Baht and
second quarter of 2017, Gulf TS1 and Gulf TS2 in the third quarter of 2017 and Gulf TS3 in the last quarter of this year, adding our Equity MW under operation, at the end of 2017, to 478.4 MW from 349.6 as
completion of COD of 5 SPPs since the second quarter of 2017 to the first quarter of 2018, adding the Company’s Equity MW under operation to 510.5 MW • Finance costs decreased by 25.3%, mainly from the fact
that had a planned maintenance. Moreover, there have also been a completion of COD of 5 SPPs since the second quarter of 2017 to the first quarter of 2018, adding the Company’s Equity MW under operation
financial cost was calculated based on whole year. Subsidiary company’s finance cost increased by 1 million Baht. Subsidiary company had loan increased 28 million Baht; short-term loan 18 million Baht and
186,111 17.0 208,149 18.4 (21,331) (9.9) Total Liabilities 519,868 47.3 539,355 46.7 469,412 42.9 503,082 44.4 (19,487) (3.6) Shareholders’ equity 580,044 52.7 616,692 53.3 624,530 57.1 630,128 55.6 (36,648
novation has no effect to the required Debt to Equity ratio due to the MRTA is fully responsible for the loan repayment according to the concession agreement. Overview Operational Results In the third
14,329.7mn, an increase of THB 3,871.8mn from the previous year • Net debt to Equity ratio3 as of 31 December 2018 equals 0.96 times Operating result Q4/18 and 2018 Revenue and Backlog2 Source of income (Unit