with financial institutions under its project financial agreement. On April 27, 2020, NER Singapore Pte Ltd registered the name changed to NEXIF RATCH ENERGY SINGAPORE PTE LTD. On May 5, 2020, Nexif

, because RH’s and AVA’s power plants had been booked in the subsidiaries’ operational assets. As a result, the Company recognized the financial costs of each project in the income statement. In the second

THB. It is mainly because the loan from financial institutions for project development and operation increase 956.73 million THB or 12.52% i.e. from 7.64102 billion THB to 8.59775 billion THB. As a

% compared to the period of the nine months September 3 0 , 2 0 1 8 . In this regard, financial costs are divided into two types, namely financial costs for project loans of THB 163. 0 million and financial

11.79683 to 12.97016 billion THB. It is mainly because of the increase of loan from financial institutions for project development and operation of 674.42 million THB or 6.96% i.e. from 9.69195 billion THB

One Company Limited. and Pace Project Three Company Limited. Summary of Financial Performance Analysis of the Operating Results Revenues For the year ended 31 December 2018, the Company generated

debt in amount of THB 12,183.7 million. Furthermore, the Company obtained additional loan from financial institutions for Project Crossroads Phase 1 development costs leading to the increase of IBD/E

& business plan • Use of ICO proceeds • Key milestones • Type / legal structure of entity running the project • Team members / advisors • Financial information / track records (if available) • Key risks

opening of the project, whereas financial cost was nearly similar to the previous year. Segmental performance 1. Expressway business The Company had revenue from Expressway business of Baht 2,435 Million

property development business amounting of 0.72 Million Baht, as the construction process of the project 7. Financial Cost increased 3.02 Million Baht, or 108.63% because the Group using short term credit