, had paid all of loans to the Company. Inventories decreased by 81.4 MB or decrease of 26.6%. This is because the project in accordance with the contract had completed for delivery in the end of Q2–2018

147.41 Million Baht subsidiaries was effected by COVID-19 virus, resulting in decline in delivery  Unrealized gain from measurement of financial asset of 247.03 Million Baht as adjustment on fair value of

) Revenue structure + (-)2018 3 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 Revenue from steel tower manufacturing decreased by 37.21% as a result of rescheduling of production and delivery plan by major

AND ANALYSIS 2019 Revenue from steel tower manufacturing decreased by 37.21% as a result of rescheduling of production and delivery plan by major customer from 2019 to mid of 2020 due to eminent domain

Statement of Comprehensive Income Note: 1 Excluded unrealized gain from foreign exchange rate on convertible bond, gain from fair value adjustment on investment properties, reverse effective interest rate on

25% 679 23% 143% Normalized Profit for the period after NCI1 51 5% 163 5% 217% Note: 1 Excluded unrealized gain from foreign exchange rate on convertible bond, reverse effective interest rate on loan

0% 104% Note: 1 Excluded unrealized gain from foreign exchange rate on convertible bond, gain from fair value adjustment on investment properties, reverse effective interest rate on loan, professional

of Baht 11.86 million or 90.40 % increase. The increasing amount was related to the expenses of the capital increase and issuing of the convertible bond for entire business transfer of SUT Global Co

statement ended December 31, 2017       4) Value of Consideration The purchase price shall be Baht 98,520,000 with 100% payment upon delivery and inspection at the warehouse or POC. 5) Calculation of

item Baht 497,000.- Total Baht 5,181,500.- - Remuneration policy : Price depending on the market price and negotiation - Payment term : Payment within 30 days after delivery of the assets (7) Funding