projects In 2Q19, the world’s economy was impacted by several significant events. In May, US-China trade war escalated again when the US announced plans to further raise import tariffs of Chinese goods
Associates of Baht 1,496.5 million and Net Trade and Other Receivables of Baht 554.3 million The key elements of Assets in the Company’s Consolidated Financial Statements consisted of: (i) Investments in
2017. This improvement is a result of our strategy to focus on extensive distribution coverage, particularly in modern trades, as ICUK was able to penetrate into three of the leading modern trade
, due to decreased of sale volume resulting in a decrease in trade and other receivables, in addition the reverse from the allowance for doubtful debt, and decreased in inventories, but the main factor is
% or THB 13,902mn from 31 December 2017, mostly from 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 31
” means a bond in which the issuer provides a collateral for debt repayment by means of mortgage, pledge, guarantor or any other collateral; 2 (3) “unsecured bond” means a bond in which the issuer does not
of 58% YoY. Page 8 4. Financial Position of the Company and its Subsidiaries (Unit: Baht Million) 30 June 2018 31 December 2017 % Change Cash and cash equivalents 134 100 +33% Trade receivables 729 781
due to THB appreciation against EUR and GBP • Net debt to equity ratio as of 30 June 2019 was 0.56x, comparing with 0.55x at the end of last year SIGNIFICANT EVENTS 4 major renovation works of Vienna
(or -4.3%) from 31 December 2018 primarily from lower trade and other payable of THB 230 million. As of 30 June 2019, the Company had total shareholders’ equity of THB 17,808 million, a decrease of THB
of electricity generation capacity and 30 tons per hour of steam generation capacity with the project cost of approximately Baht 3,105 million (the debt proportion is approximately 75 percent and the