operations were also growing, recording 2.9% growth year-on-year. However, China operations decreased slightly by 8.4% due to the expiration of purchase tax incentives for combustion engine cars and subsidies

-off of computer software, (4) deferred tax assets, decreased by THB 1.56 million, as affected by employee benefits and unearned incentives. Management Discussion & Analysis 2022 7 I 9 As of 31 December

approve the Company’s Financial Statements for the year 2018 ended 31 December 2018. 2. It is appropriate to propose to the AGM to approve the abstention from the distribution of dividends from the

peak in Q1 2019 and then will be repaid over the rest of the year. There was no dividend payment in 1Q 2018. In line with our current strategy of regular dividends 1Q 2019 will have a payout of 0.12THB

2019 of 0.12THB/share or 36mTHB total and 0.09THB/share or 27mTHB total. The regular dividends will continue but we will monitor the market and dividends will be dependent on market results which is

in financing activities amounting to 1,074 MTHB, consisting mainly of dividends paid to shareholders for 1,067 MTHB. Net cash flow from operating activities 3,960 MTHB Net cash flow used in investing

period. However, cash and cash equivalents decreased from repayment of short-term loans from banks, payment for investing in molds and payment of dividends. Total Liabilities As at 31 December 2018, total

more interest received from short term investment on excess cash. 3. In 2019, the net cash flow used in financing activities amounting to 1,541 MTHB which was the dividends paid to shareholders. Net cash

 applicable to each offshore subsidiary's base currency.  Payout Analysis No dividends were paid out during the quarter. Financial Status The group currently has no interest bearing debt.  Cash reserves and

activities totaling of 1,181 MTHB mainly from the repayment of long term loan 618 MTHB and dividends paid to shareholders 533 MTHB. Net cash flow from operating activities 3,409 MTHB Net cash flow used in