investment will -3- continuously generate returns, growth of the assets, profits and cash flows for the Company and shareholders of the Company in the long term. The three audit committee members do not have

increased amount of 39.45 million Baht or 41.30%. Short-term loans to other persons decreased amount of 0.50 million Baht or 21.74%. Inventories increased amount of 5.39 million Baht or 17.68%. Advance

long term loan plus spread margin and considered as within range of market rate comparing other subordinated loans in Cambodia and exchange rate risk. 4. Total Value and Criteria to Value the Transaction

sum of the maximum service fees paid during the three-year contract term will not exceed Baht 784,330,344 or equivalent to 1.16% of the net value of tangible assets based on the consolidated financial

deducted by - an allowance for doubtful debts and bad debts of 3BB of 247 million Baht; - a provision for long-term employee benefits of 165 million Baht (as shown under Administrative Expenses, in

% Financial costs in 2019 amounted to THB 34 million, an increase of 25.6% from last year regarding to TBSP consolidation and extra finance cost from additional long- term loan for Tender Offer in TBSP

while in 2019 is at 8.2% of revenue from sales, increased from the same period last year by Baht 10.1 million or 31.8%. The change due to loss from exchange rate, devaluation in short-term investments and

majority of short-term loan. As a result, the financing cost was reduced. As 31 March 2020, the Company debt to equity ratio (D/E) equal to 1.08 times. Page 3 Net Profit The Company net profit for the 3

other receivable 276 198 78 40% Inventories 245 291 (46) -16% Other current assets 24 24 0 0% Total Liabilities 1,936 2,725 (789) -29% Bank overdrafts and short-term loans from banks 686 687 (1) -0.2

under various potential sales reduction scenarios. The Company expanded a short-term credit line and a short-term loan was drawn down during the first quarter to meet payment obligations. In the second