significant changes Q3-2017 Q4-2016 Q3-2017 VS Q4-2016 (MB) (MB) % Cash and cash equivalent 1,258.8 1,873.9 (615.1) (32.8)% Current Investment – Trading Securities - 25.2 (25.2) (100.0)% Trade and Other

baht Million baht % Total Assets 457.86 459.46 1.60 0.35 Cash and cash equivalents 92.96 100.56 7.60 8.18 Trade and other account receivables 68.62 76.26 7.64 11.13 Inventories 110.48 99.55 (10.93) (9.89

the increase of trade receivables and unbilled receivables. The quality of assets Trade account receivables Unit: Million Baht Consolidated financial statements 31 March 2018 31 December 2017 Trade

shareholding percentage allowed under the laws of the Philippines. The shares acquisition transaction was subject to the approval from the meeting of the shareholders and upon certain conditions precedent under

instrumentality of a government; or a company, corporation, partnership, trust, estate, or association. similar product. product or transaction that has inherent credit risk. rated obligation. THE IOSCO CODE OF

and repayment of short term loan from related parties Baht 166 million. (See more details in Statement of cash flows) Trade accounts receivable As of 30 September 2018, the Company and subsidiary has

(GCNT), and the Kenan Foundation Asia.  The Awards is promoted in collaboration with the European Association for Business and Commerce (EABC) and the Franco-Thai Chamber of Commerce (FTCC).  SEC

110 per share, totaling of Baht 9.90 million from the shareholders of Trans.Ad (the “Sellers”) who are not the related persons of the Company (the “Transaction”). This Transaction is considered as an

. (“Trans.Ad”) at the price of Baht 110 per share, totaling of Baht 9.90 million from the shareholders of Trans.Ad (the “Sellers”) who are not the related persons of the Company (the “Transaction”). This

already registered the changes to the Department of Business Development, Ministry of Commerce on April 17, 2019. In this regard, the Company still uses the same stock symbol “RATCH”. Management Discussion