deducting shares discount, only the portion which increases or decreases as a result of the company’s capital increase or decrease after the date specified in the Form under (1); (3) proceeds received by the
quarter of 2018. Moreover, ICUK shall also give an emphasis on cost reductions particularly in redundant procedures to deliver appropriate rate of return on sales. In term of sales, ICUK continues to gain
various cost reduction initiatives. Reductions in operating costs and general administrative expenses, such as utility cost, certain outsourced services and excessive administrative costs at both business
Ratio As at 30 September 2019, the Company and its subsidiaries recorded current ratio of 0.67x, a decrease from 0.72x as of 31 December 2018 because decreases in inventories were greater than current
management both in procurement process and production process. In addition, cost of Biomass Power Plants also decreases from effectively controlled in maintenance cost. Gross profit of Natural Gas power plant
maintenance services from outside. Resulting to the decrease in cost of engineering and other services, but slightly higher in staff cost. However, overall maintenance cost of Natural Gas Power Plant decreases
decrease in cost from efficient fuel management both in procurement process and production process. In addition, cost of Biomass Power Plants also decreases from effectively controlled in maintenance cost
lease payments and is subjected to an interest rate and decreases as lease payments are made throughout the periods. b. Right of Use (ROU) is recorded under assets (property, plant and equipment) at the
0.75x as of 31 December 2018 because decreases in inventories were more than current liabilities that the Company repaid to loans from financial institutions. Interest-bearing debt to equity ratio