Shareholders No. 1/2017 which was held on 30 August 2017 with the disapproval resolution for the Debt to Equity Conversion Scheme, which impacted the Company’s ability to repay the debts in the amount of USD

expense in Q’4 also impacted the q-on-q basis. COST STRUCTURE FINANCIAL PERFORMANCE 6 Q1’2019 Q1’2018 % change Q4’2018 % change million Baht million Baht y-on-y million Baht q-on-q Cost of sales and

reason is airlines were impacted by natural disasters in Sep-2018, including typhoon “Jebi” in Japan and hurricane “Florence” in the US (Source: International Air Transport Association: IATA). A statistic

than in Q1/2017 by Baht 23 million or 11% due to the decrease in variable maintenance cost that is affected by the fewer number of operating hours at Sriracha Power Plant according to the decrease in

affected by the fewer number of operating hours at Sriracha Power Plant according to the decrease in electricity volume submitted to EGAT. Others 3,510 3,039 7,504 6,893 729 630 568 528 418 425 12,729 11,515

of Mexico affected by Hurricane Harvey, estimates made by the International Energy Agency (IEA) made regarding shrinkages of excess supplies of fuel, and the meetings between OPEC countries sees a

maintain and objectivity. 2.3 factors relevant to assessing the creditworthiness of the rated entity or obligation. 2.4 The credit rating a CRA assigns to an entity or obligation should not be affected by

; and the shareholding ratio of the existing shareholders will not be affected. Nevertheless, if the shareholders choose not to exercise their right to subscribe the newly- issued ordinary shares as per

, the impact from the spread of COVID-19 affected the debtor’s ability to repay which linked to a lower interest income – part of fully received, the proportionate of interest and operating expenses

concern on a deterioration in debt serviceability of household and SMEs. Although the deterioration in credit quality of commercial bank loans affected profitability, but Thai commercial banking system’s