of 30 June 2018 stood at 0.57x, an improvement from 0.93x in 31 December 2017. Current ratio as of the same date stood at 2.81x, a significant improvement from 1.69x, both mainly as a result of the
firms demonstrated an improvement vis-à-vis the results from the previous inspection cycle. Such improvement was undoubtedly enabled by the formulation of audit firms’ root cause analysis process and
BIP Power 2 BPLC1 = B.Grimm Power (Laem Chabang) 1 BPLC2 = B.Grimm Power (Laem Chabang) 2 BPWHA1 = B.Grimm Power (WHA) 1 Nam Che = Nam Che 1 Hydro Power Project XXHP = Xenamnoy 2 and Xekatam 1 Hydro
the Development of Theme Park Project in CentralPhuket On 25 July 2017, the Company established a new joint venture, Phenomenon Creation Company Limited, to develop the Theme Park Project in
Riverside Bangkok and sales of land plot of Santiburi the Residences. Page 3 of 7 Management Discussion and Analysis 1Q2019 Residential projects for sales as at 31 March 2019: Project Project value Sold
individual auditors’ engagement. The overall results of the inspection conducted on 13 audit firms in 2016 during the third cycle, which is between 2016 to 2018, indicated continuous improvement from the
for its investment in Nam Ngum 3 project for THB 205.75 million by means of disposing some assets of the project to the governmental entity of Lao PDR. The higher-than-the project investment of THB
subsidiary is remunerated for its investment in Nam Ngum 3 project for Baht 175.10 million by means of disposing some assets of the project to the governmental entity of Lao PDR. The higher amount than the
’ statement of comprehensive income changed for more than 20% comparing with q3/2017 operating results as follows: ▪ In Q3/2017, one subsidiary is remunerated for its investment in Nam Ngum 3 project for Baht
a gross profit of 237.71 mb (2017: 192.41 mb), a significant increase of 45.30 mb or 23.5% improvement. The reduction in cost of service also contributed positively to a better gross profit margin at