Unit” with Thai Oil Public Company Limited following “Growth along with PTT Group” strategy The company conducted studies with Thai Oil Public Company Limited (Thai Oil) to seek for business expansion
% from 1Q2019. In 1Q2020, the Company recorded share of profit from investment in Joint Ventures, Thai Ethoxylates Company Limited (TEX) and GGC KTIS Bio Industrial Company Limited (GKBI), at THB 62
million due to weakening of the Thai Baht against the US Dollar. 4. Statement of financial positions • Total assets As of 31 March 2020, the Company has total assets amounting to THB 15,320 million which
lower Availability Payment Rate and Thai Baht appreciation. Normalized Share of Profit/(Loss) from Investments of Utilities Business was Baht (13.5) million due to the recognition from Share of Loss from
mainly came from unrealized exchange rate of receivable under finance lease of Natural Gas Power Plant. At the end of the first quarter, Thai Baht is depreciated compared to exchange rate as of end of 2019
quarter, Thai Baht is appreciated compared to exchange rate as of end of the first quarter, the Group has loss on exchange rate. But Thai Baht as of the end of third quarter compared to end of second
Company has recorded an allowance for expected credit losses (Allowance for doubtful accounts) for receivables overdue in accordance with the Thai Financial Reporting Standards No. 9 “Financial Instruments
. Overview According to the Bank of Thailand and Office of the National Economic and Social Development Board data, the Thai economy in the third quarter of 2021 contracted by 0.3% (y-y) compared with a 7.6
to a loss on foreign currency exchange of Baht 31.0 million in Q4 2021, caused by appreciation of Thai Baht. This loss on foreign currency exchange was mainly associated with the USD loan related to
spare parts for the under-developed projects to foreign suppliers. During the fourth quarter of 2022, Thai Baht was appreciated compared to exchange rate during the third quarter of 2022 which led to the