higher revenues from sales and lower expense: details as follow. With better quality products and prices, the Company achieved higher sale volume both from our local customers and export. In Q3/2017, the
exchange translation of Baht 119.7 million - Gulf VTP operated full quarter. In addition, Gulf TS1 and Gulf TS2, our second and third of the four SPPs to COD this year, achieved COD in July, 2017 and
2017 PERFORMANCE ANALYSIS (YoY) In 3Q 2017, the Company once again achieved an outstanding top and bottom line performance compared to the same quarter last year supported by; 1) The consolidation of
from pre-acquisition level of 35% to 56% by end of 2019. IRSL refinanced its outstanding debt with banks in India and managed to reduce cost of financing for funded long term facility by 8% p.a. and for
business for 2nd year in consecutive. The Company achieved its record high in cash collection at 2,399 million Baht. Thanks to distress the quality of debt acquired, number of collection staff increasing and
from new outlet achieved Company’s target. However, the Company was able to maintain proportion of house brand product for 1H17 at 64.40%. The increase in other income of 2Q17 by 34.48% YoY, was mainly
the decrease in first six-months sales; however, sales from new outlet (at Phra Nakorn Sri Ayutthaya and Hat Yai) achieved the Company’s target. The Company was able to maintain proportion of house
the purchaser for the outstanding amount. A part of the proceeds from the disposal of assets were used to pay down on the bank overdrafts and short- term loan outstanding in March 2017. The Company
advertising and marketing tools. 2018 was another all-time high financial record for MACO – a culmination of 4 consecutive years of record-breaking achievement – having achieved revenue and net profit of