Microsoft Word - EFORL IR017-2562 MDA ENGLish Final 16052019.doc Ref.: EFORL IR 017/2019 May 16, 2019 Subject: Management Discussion and Analysis for the first quarter ended 31 March 2019 To

. Interest bearing debt is THB 570m in Q219. Asset Quality Accounts Receivable Most of customers are well known and have good reputation in the IC, and electronics industry.    Provision is made of amounts

% compared to the same period of last year due to the soap opera revenue recognition from Television program production and distribution business and growth in the creation and management of integrated

 investments at the 31st March 2018 were THB 9.8 billion down from 31st March 2017 of THB 10.5 billion.  Asset Quality Accounts Receivable Most of customers are well known and have good reputation in the IC, and

 2018 were THB 9.4 billion down from THB 10.0 billion at 30th June 2017.  Asset Quality Accounts Receivable Most of customers are well known and have good reputation in the IC, and electronics industry

consolidated financial statement of the Company and its subsidiaries ended 31 March 2017, the net tangible asset value of the Company shows deficits. Transaction size is Baht 46,671,875.94 which is not exceed

were THB 8.5 billion down THB 1.0 billion from 30th September 2018 were THB 9.5 billion. Asset Quality Accounts Receivable Most of customers are well known and have good reputation in the IC, and

efficiently in control. Statement of Financial Position as of June 30, 2020 The consolidated total assets as of 30 June 2020 marginally changed from end of Y2019. There was the flow of asset from cash to fixed

., Nongeiroon, Banbueng, Chonburi, Thailand 20220 Tel. 038-160707 Fax. 033-047348 www.ndrubber.co.th No. NDR013/2020 13 August 2020 Subject: Management Discussion and Analysis (MD&A) Report for Q1/2020 Attention

at the 31st March 2020 up from 31st March 2019 at THB 8.5 billion. Asset Quality Accounts Receivable Most of customers are well known and have good reputation in the IC, and electronics industry