equipment rental, while SG&A was flat and dropped QoQ as marketing activities slowed down. EBITDA (pre-TFRS16) was Bt19,576mn, increased 3.8% YoY and 1.1% QoQ with a margin of 45.7%. Net profit (pre- TFRS16

companies with an increase in property, plant and equipment by 10.35 million bath due to the investment in machinery of new production lines. 2. Total liability, the company had total liability as of December

’ property, plant and equipment increased by Baht 402.04 million from the factory which is under construction and commissioning. Liabilities As at 31 December 2018, the Company and its subsidiaries

for the period Particle Planner Co., Ltd. buy machine and equipment from Vanachai Veneer and Plywood Co., Ltd. 13 Nov. 2018 20,250,000 0.26% as at 30 Sep. 2018 Total 20,250,000 0.26% - 3 - 6.2.3 Normal

12.4% 45.2 17.3% Investment Property 130.8 5.4% 124.3 5.1% -6.5 -5.0% Equipment 518.8 21.5% 518.8 21.1% 0.0 0.0% Leasehold rights and buildings 1,284.4 53.3% 1,293.1 52.6% 8.7 0.7% Advance for

in an increase in fixed deposits as collateral, Baht 439.14 million in an increase of land, building and equipment and the increase in Baht 106.51 million in goodwill of from the acquisition of a

to the year 2019 (December 31st, 2018) totaling of 312.6 million baht, or 1.1%, mainly due to an increase of investments in joint ventures, Property, plant and equipment, and deposits for land which

510.39 472.08 38.31 8.12 Property, plant and equipment 931.94 919.08 12.85 1.40 Other assets 85.43 69.00 16.43 23.80 Total assets 1,778.16 1,775.85 2.31 0.13 Accounts payable 135.68 149.37 (13.69) (9.16

and Equipment 859.05 840.45 807.84 2% 6% Goodwill 87.80 87.80 87.80 0% 0% Other assets 55.07 67.99 144.68 -19% -62% Total assets 1,863.79 2,043.75 1,879.48 -9% -1% Trade payable 119.16 103.36 122.37 15

equipment will follow the increase in sales, particularly in the IC division. However, there is a 3 to 6 month time lag due to the ordering lead time. Plant expansion will depend on the current building