outstanding balance of trade payables and short-term loan from related persons. The Company’s shareholders’ equity as of March 31, 2018 was Baht 1.12 Million, showing a decrease by Baht 32.26 million compared

due to the increase in trade payables following the sales’ increase. Accordingly, the total shareholders’ equity amounted to 3,533.69 million baht, increased by 116.82 million baht. These represented

was cash and cash equivalents of Baht 81.65 million due to payment to account payables and for operation of the company. Total Liabilities As ended June 30, 2018, the company and its subsidiaries’ total

equivalents. The Company’s total liabilities amounted to 1,267.70 million baht, decreased by 194.06 million baht comparing to September 30, 2018 due to the decrease in trade and other payables following the

  to a decrease  in account payables.   Non‐Current  Liabilities were THB  47.83 million,  increase from THB 11.54   million as of 31 December 2019, mostly due to changes  in  accounting standards

payables. Please be informed accordingly, Yours Sincerely, -Mr. Tanat Juwiwat- Mr. Tanat Juwiwat CEO

and other payables. In this regard, the Company has shareholders' equity of 3,504.30 million baht, decreased by 76.78 million baht, resulting in the book value per share of the company at 17.62 and the

repayment of long-term borrowing in the solar energy business. • Trade and other payables decreased by Baht (34.78) million as due of payment. December 31 December 31 2018 2017 Change Current assets 927.84

May 2019. Trade and other payables decreased 7.0 million baht. While long-term loans from financial institutions due within one year increased 1.0 million baht. (2.2) Non-Current Liabilities As of

Trade and other payables Current portion of long-term borrowings Employee benefit obligations • As of YE 2019 and 2018, Other current assets were THB 4.5 million and THB 0.6 million respectively. The THB