million or a decrease of 12% compared to the total assets as at 31 December 2018, amounting to Baht 8,870 million. The decrease was mainly from trade and other receivables and unbilled receivables. The

The quality of assets Trade account receivables Unit: Million Baht Consolidated financial statements 31 March 2020 31 December 2019 Trade account receivables - unrelated parties 743 641 Less: Allowance

total asset (THB mn) % out of total asset Cash & cash equivalents and Current investments 484 29.7% 261 13.0% Trade & other receivables 276 16.9% 254 12.7% Building and equipment 176 10.8% 469 23.4

2019 that it had relatively low gross margins. Administrative Expenses Administrative Expenses of Q3–2019 increased from Q3–2018, mainly due to the allowance for doubtful accounts for the trade

of Commerce on 24 May 2018. Subsequently, On 13 December 2018, the Extraordinary General Meeting of the Company’s shareholders No. 1/2018 passed resolution approved the cancellation of capital increase

. รายได้ธุรกิจพาณิชย์อิเลก็ทรอนิกส์ (E-Commerce) ในปี 2560 และปี 2561 บริษัทมีรายได้จากธุรกิจพาณิชย์อเิลก็ทรอนิกส์เทา่กบั 97.5 ล้านบาท และ 223.3 ล้านบาท หรือคิดเป็นสดัสว่นร้อยละ 34 และ ร้อยละ 49 ของรายได้

_ Page 1 of 6 Ocean Commerce Public Company Limited 148/1 Soi Raminthra 14, Raminthra Road, Tharang Sub-district, Bang Khen District, Bangkok 10230 Tel: 02-943-6663-4 Fax: 02-943-6343 02-943-7740 No

quarter. However, during the lock down period, we had significantly focus on E-Commerce channel and it can generate good turnover, which is a new channel introduced to the market. In addition, when the

, the Company has expanded new channels especially e-commerce through owned official platforms, Facebook: FN Outlet, Line Official Account: @fnoutlet as well as other marketplaces e.g. Shopee, Lazada etc

% , from Baht 351.36 million in quarter 1/2017 to Baht 406.54 million to quarter 1/2018. The main reason for the increase was derived from additional revenue from engineering service and product trade began