receivables as of 30 June 2019 were Baht 11,480 million, a decrease of Baht 78 million or 0.7% down from the balance as of 31 December 2018. Most of the outstanding balance of trade and other receivables

days of credit term The reason In order to reduce outstanding of unused equipments and create maximum benefits for the Company and its subsidiary, CCCS sold equipments to Kinpo-China. The total

outstanding balance of trade and other receivables, 90% of total net trade and other receivables, were under current due. Inventory (net) as of 30 Sep 2018 amounted to Baht 9,518 million, an increase of Baht

KPPH to reduce outstanding idle equipment and to create maximum benefits for the Company. The total transaction size of Disposal on fixed asset is Baht 1,181,648.58 which is accounted to 0.007% under the

last year. Caused by the sale of long outstanding products. The company must bring the product (Rework) to get the product ready to sell. 3. The increase in selling and administrative expenses was 37.65

purchasing raw materials and more short term loan of 77.50 Million Baht, Left in stock inventory of 143.85 Million baht, decline in trade receivable and other receivable of 86.72 Million Baht, more outstanding

summarized below. Net trade and other receivables as of September 30, 2019 were Baht 11,303 million, decrease of Baht 255 million or 2.2% down from its balance as of December 31, 2018. Most of the outstanding

at 30 September 2019 Outstanding loans 26.90 Million Baht due to The Company needed to use loan for working capital 3.1.2 Financial assistance from Advantage Footwear Company Limited at the total

reduction. However, outstanding loss remained due to 1) sales shrinkage; 2) higher cost as a result of higher depreciation from investments in machinery; 3) higher financial costs from investments; and 4) one

cash equivalent amounted to 57.90 million baht. • Net trade receivables and other receivables amounted to 110.34 million baht, most of which were undue receivables and with remaining outstanding not