appropriate of capital structure The debt to equity ratio as at 30 September 2018 was 2.5:1, increased from the debt-to-equity ratio as at 31 December 2017, which was 2.0: 1. The increase was due to the
Company is ready to consider developing potential projects with the use of appropriate fund regarding the Company’s cash flow in order to reduce the risk in its liquidity management. As of 30 September 2018
appropriate rate. The Company can use the proceeds from the disposal of rights in the business operation of the Company, which will be more beneficial comparing to the negotiation of the purchase of 1 MW solar
appropriate for business operation in the future. The financial policy is carefully implemented to enhance financial stability and liquidity as well as the confidence in the performance of the Company as
operations and is hopeful that appropriate measures will also be taken by the Government to support to support the Thailand Industries. 3. Performance of the Company Operating Results The Company reported a
and the past maintenance while the overall of machinery and equipment are still in good condition and with the proper and appropriate repair and maintenance, the estimated useful lives of machinery and
May 2020 • The net profit of the 1st half 2020 As of 30 June 2020, the Company D/E ratio is 1.61 times and the IBD/E ratio is 1.17 times, which is at an appropriate level.
structure The Company continues to emphasize the efficiency of management of financial structure, be flexible in time of economic fluctuation and maintain financial costs to be appropriate for business
intended to limit the spread of COVID-19. The health and safety of our staff and customers remains our top priority. Our teams constantly evaluate the situation and use appropriate protocols to serve