) SANCTIONS.—If the Board finds, based on all of the facts and circumstances, that a registered public accounting firm or associated person thereof has engaged in any act or practice, or omitted to act, in
of loss on exchange rate of THB 26.27 million due to the fact that the Thai Baht value appreciated against US Dollar and the Company had the foreign trade receivables about USD 21.31 million
foreign trade receivables about USD 24.11 million. Financial Costs For the year ended 31 December 2019, the Company had financial costs in total of THB 94.72 million, an increase of THB 27.35 million or
in electricity volume exported to EGAT from SPP-Firm 2 contracts of IRPC-CP totaling to 180 megawatts that fully operated for the first quarter in Q1/2018. The company’s financial position: As of 31
) Times 0.21 0.25 0.28 Total Debt to Equity (Total D/E) Times 0.5 0.48 0.47 Liquidity ratios Current ratio Times 2.86 2.29 3.58 Quick ratio Times 2.46 1.93 2.91 * Exclude costs of depreciation and
electricity dispatched to Electricity Generating Authority of Thailand (EGAT) under the SPP – Firm contract. In addition, GPSC has managed to improve the profitability in 2017 as a result of efficient cost
power generators yet. Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q2/2018 In addition, the ERC has set the implementation guideline for the 25 Small Power Producers (SPP) Firm
total asset (THB mn) % out of total asset Cash & cash equivalents and Current investments 484 29.7% 261 13.0% Trade & other receivables 276 16.9% 254 12.7% Building and equipment 176 10.8% 469 23.4
developed countries, together with tensions from trade war between the United States and China. As a result, Thailand’s export is foreseen to decline this year. However, household consumption will gradually