for their time and valuable expertise that helped shape these Criteria. A full list of all TWG and IWG members is available here. We would like to extend our sincere gratitude to Stockholm International
Company’s working capital is indirectly subsidized via trade creditor in form of loan and via business partners in form of raw material supported for production (under Collateral Management Agreement – CMA
Operating Revenue consists of Raw Water Sales, Industrial Water Sales, and Wastewater Treatment Services. 2 Other Utilities Revenue consists of Excessive Charge and Service Fees for Wastewater Management 3
due to THB appreciation against EUR and GBP • Net debt to equity ratio as of 30 June 2019 was 0.56x, comparing with 0.55x at the end of last year SIGNIFICANT EVENTS 4 major renovation works of Vienna
appreciation of the Thai Baht versus the US dollar (Separate: Baht 684 million). 4. Statement of financial positions Total Assets As of 31 December 2019, the consolidated total assets amounted to Baht 26,400
revenue is from long-term PPA with state enterprises which has no direct impact from COVID-19 while revenue from industrial users (IUs) remains stable y-on-y in Q1’2020, thanks to portfolio diversification
bags from the economic regression plus Thai baht appreciation results in less ordered from our main customer in tapioca flour production (export) , in additional , Gravure woven bags customer in rice
partially offset by lower production and delayed price adjustment of raw material price increases in the Portugal operations. Selling and administrative expenses increased from Baht 397.06 million in Q4 2020
% q-on-q declining gas price (despite a 1.0% y-on-y increase) and 3) new industrial-user (IUs) clients. EBITDA margin also improved to new-high level of 28.3%, thanks to contributions from Vietnam solar
Others Unit: Million Baht Unit: Million Baht Natural gas(IPP) Natural gas (SPP+VSPP) Other raw materials Coal Maintenance costs Comparing Q4/2019 vs Q3/2019 Comparing Q4/2019 vs Q4/2018YoYQoQ 57% 55% 56%4