benefit expenses, which increased according to the increasing in number of employees to support the business expansion, pre-operation expenses as the result from the Group continuing expansion and new

employees to support the business expansion, pre-operation expenses as the result from the Group continuing expansion and new project development and expenses related to the bidding of the projects for

derived from employee benefit expenses, which increased according to the increasing in number of employees to support the business expansion, pre-operation expenses as the result from the Group continuing

expenses, which increased according to the increasing in number of employees to support the business expansion, pre-operation expenses as the result from the Group continuing expansion and new project

income surged significantly, especially the 19% increase in bad debt recovery. However, this year the Company will focus on fee-based income expansion. Revenues Structure Profit and Loss Statement Unit

supported by the allocation and disbursement of the government’s budget and continued expansion in the export sector. Additionally, industrial production resumed growth leading to further expansion. As a

Offeror’s core business is the production and distribution of public utilities, whereby the Tender Offeror is both the business operator itself and the investor. As of 31 December 2018, the Tender Offeror has

the business expansion by 2019. 5.2 the remaining proceeds to be used as a working capital . 6. Benefits that the Company would receive from the capital increase and share allotment 6.1 has a source of

flexibility of GPSC Group’s financial management via local and international funding, foreign exchange management, and cash management activities. The establishment of the GPSC TC is to support the expansion of

have to prioritize asset quality management while also maintaining prudent credit underwriting policies, along with cost efficiency and expansion of customer base and income by providing financial