period (during the low electricity tariffs) and the average capacity utilization was only 37.25%, thus, the current estimated useful lives under straight-line depreciation method caused the Company to
Financial Position (Unit: Million Baht) Details 30 Sep 2019 31 Dec 2018 Increased (Decreased) % Assets Current assets Cash and cash equivalents 1.71 35.22 (33.51) (95.14) Trade and other receivables 269.21
additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, for the Company’s sustainable growth in the future. However, some investments
oversubscribed by 22.65% of total number of shares allotted. The Cash from Rights Offering and generation from Operations enabled the Company to reduce its liabilities by THB 1,505 Million during the last quarter
quarter. Moreover, the company has planned and started preparation to improve machineries in order to ramp up the production during the on-peak period to gain more market share and reduce production cost to
operation and increase in the Company’s financial liquidity, used as working capital and to repay debt which would help reduce the interest burden of the Company. On the date that the Board of Directors
(Cambodia) Co.,Ltd. In order to cut realized loss from operation of its subsidiaries and reduce its debt, UWC also considered to divest it’s investment in biomass powerplants resulting in reclassification of
Co.,Ltd. (Biogas Power Plant) and UWCC (Cambodia) Co.,Ltd. In order to reduce its debt and reshape its investment from less competency business such as Power Plant that cause longer period of repair
2005 and the working capital from deposits redemption at the beginning of 2006. This caused a better working capital management to reduce the cost of fund. In Q2/2017 GC had a current ratio at 1.33 times
working capital management to reduce the cost of fund. In Q3/2017 GC had a current ratio at 1.36 times compared to 1.34 times in ending 2016, a little bit increased resulting from the drop in both short