the Financial Reporting Standard No.16: Leases, whereas the interest expense has decreased from the bond repayment in the fourth quarter of 2019. 6. Income tax expenses were Bath 285.60 million, a

or 10.3% due to the loans repayment by ACM. 5 Corporate income tax expenses Corporate income tax expenses amounted to THB 166 million, increased by THB 65 million or 64.1%, representing the effective

preparation for debentures repayment in April 2020. Shareholder’s equity As of 31 March 2020, the Company had total shareholder’s equity of THB 30,870.9 mm, which decreased by THB 2,229.7 mm from THB 33,100.6

. Significant changes was included Long term loan from financial institution was decreased in an amounting of Baht (4.34) million due to loan was repayment in Quarter 1’ 2020 Lease Liability was increased in an

million mainly from (i) lower finance costs of THB 624 million or 39% from Q2/2019 due to partial repayment of bridge loan using proceeds from the Right Offering (RO) completed in Q4/2019 and (ii) lower

mature on August 28, 2020. The coupon rate is 4.5 percent per annum. The objectives of issuing the debentures are a) investment in the new projects, b) repayment of debts, and c) working capital. The

of 2020, finance costs amounted to THB 2.81 million, a THB 0.76 million or 21.25% decrease from the same period of the previous year (Quarter 3 of 2019: THB 3.57 million) following gradual repayment of

result of loan repayment by net proceed received from SPRIME. Nevertheless, the Company determines to maintain an optimal capital structure by lowering leverage level which will ultimately reduce debt

-term loan repayment, and the increase in cash and cash equivalents. Debt to equity ratio was 1.95, decreasing from 3Q18, as a result of the decrease in long-term loan and the increase in shareholders

the loan for the acquisition. The first repayment on the acquisition loan of 38mTHB in March was completed along with repayments of trust receipts for fuel purchases. There was a dividend payment of 1Q