% YoY and 8% QoQ, since fundamental factors supporting the overall purchasing power remained soft and did not cover all areas, especially in the low income consumers, although overall private consumption

Interest Coverage Ratio (Times) 126.53 72.99 Debt Service Coverage Ratio (Times) 75.36 56.23 (3) Asset Management Capability (3.1) Debtor Quality, Accounts Receivable Aging, Provision and Sufficiency of

& ANALYSIS 1Q 2017/18 2 AUG 2017  Demo Power (Thailand) Company Limited successfully expanded to VGI’s commercial spaces by launching demonstration services across BTS stations.  Recognised additional

the modern trade channels, owning to the dynamics and competitive setting of energy drink market itself as well as relatively high bargaining power of reputable modern trade operators. These altogether

high bargaining power of reputable modern trade operators. These altogether caused us a longer than expected lead time to initiate, go through their approval process and list our products to the shelves

and service were difficult due to the weak purchasing power. Since the consumers were price- sensitive, together with a high competition in the market, some entrepreneurs turned to reduce their

setting of energy drink market as well as the relatively high bargaining power of reputable modern trade operators that these altogether could cause us a longer than expected lead time to initiate, go

property 87,280 91,108 -4.20 Property, plant and equipment 282,215 218,198 +29.34 Intangible asset 4,916 4,177 +17.69 Deferred tax assets 6,087 7,674 -20.68 Other non-current assets -Cost of landfill

, industrial sector and tourism sector. Domestic demand continued to expand from private consumption following the fundamental factors supporting overall purchasing power, while private investment contracted

(Days) 36 48 Total Debt to Equity Ratio (Times) 0.43 0.51 Interest Coverage Ratio (Times) 153.16 73.26 Debt Service Coverage Ratio (Times) 10.69 6.55 - 6 - (3) Asset Management Capability (3.1) Debtor