asset is negative. 2. Net Profits from Normal Operation Criteria Cannot be calculated, as the Company’s net profit is negative. 3. Total Value of Consideration Criteria Total Value of Consideration
TSE is the connected transaction to the company which is more than 20 Million baht or more than 3 percent of net tangible assets, due to NTA of the company is negative in amount of (281.60) Million baht
contributed. The negative swing in net cash flows from investing activities was due to a one-time effect on the sale of investments in 2016 which contributed over 50mTHB cash. Additionally, higher Capex
2019 which was mainly due to (1) change in sales mix with more contribution from brands with higher food cost (2) negative same-store sales growth and (3) increased cost of branch staff, rental and
contribution in the second half of 2018. Net cash flows from investing activities was negative due to the acquisition of Saraburi Quicklime (320mTHB) along with some investment in Capex although capex investment
flows from investing activities was negative due to the acquisition of Saraburi Quicklime however if we remove this large item year on year is approximately in line with Capex slightly below last year
growth. In 2019, the real estate sector was beginning to face a slowdown as a result of various negative factors, particularly the Bank of Thailand’s Loan to Value (LTV) measure. The situation is worrisome
has had an effect on the Company since the 1st quarter ago. However, in the 6-month period of 2020, the Company could generate cash flow from operation amounted to Baht 134.62 million from the negative
increased from the new stores that was opened last year while the same store sales is marginally negative. For the HomePro business in Malaysia, sales rose after resuming business due to both financial
operation amounted to Baht 119.98 million from the negative cash flow of Baht 71.63 million from the same period last year. Financial Position: Consolidated Financial Statements 1. Total Assets Statement of