Bangkok--Nov 23--Unique Mining Services PLC
Mr.Somboon Siripaiboonphong, Managing Director of Unique Mining Services PLC (UMS said that during the 4th quarter of this year, the company has planned to repay all outstanding loan owed to its directors amounted to 10.20 million baht. As for the loan repayment to the commercial banks, early this month the company had already made the loan payment to Siam Commercial Bank at the full outstanding amount of 9.96 million baht.
Both loan payments derived from the company’s operating cashflow. Such loan payment would lead to the decrease in the company’s loan during the 4th quarter to 28.71 million baht from 50.17 million baht during the 3rd quarter. At the same time, the D/E Ratio would stand at around 0.28 time at the end of this year.
Unique Mining Services Public Company Limited is the leading importer and distributor of high quality bituminous and sub-bituminous coals from Indonesia so as to re-process for the use with steam boilers in the industrial plants as well as sell the coals directly to the domestic factories.
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