. Management Discussion and Analysis 2.1. Selected Financial Position and Operating Results 2.2. Cash Collection from NPLs and NPAs Management Businesses 2.3. Vintage Analysis 2.4. NPLs by Portfolio

the year 2017 which had the total assets amounted 1,010.17 million Baht, increased 72.58 million Baht or 7.18%. Changes are as follows;  Current assets increased 62.37 million Baht, comprising cash and

Liquidity and capital adequacy 4.1 Capital sources 1) Analysis of changes in capital sources As of 31 December 2017, the Company had cash and cash equivalent amounted 80.52 million Baht decreased 24.88

Solution increased by 41.65mb or 12.2%. The acquisition of TigerSoft changes the composition of recurring vs non-recurring revenue for HR Solutions as the business model of TigerSoft is heavy-weighted on non

. Other major changes to shareholder equity during the period were (1) increase in paid-up capital from THB 140.6Mn to THB 225.0 Mn as preparation for registration on The Stock Exchange of Thailand and (2

HR Solution increased by 35.35mb or 14.2%. The acquisition of TigerSoft changes the composition of recurring vs non-recurring revenue for HR Solutions as the business model of TigerSoft is heavy

Stock Exchange of Thailand K. W. Metal Work Public Company Limited (the “Company”) would like to submit management discussion and analysis of significant changes for the 3-month period ended March 31

equivalents 260 70 73% Cash and cash equivalents at 1 January 591 623 (5%) Effect of exchange rate changes on balances - - held in foreign currencies (0) (0) Cash and cash equivalents at 31 March 851 693 18

changes in owner’s equity and the cash flow statement. The public hearing in principle was held by SEC in early 2018 and comments of business operators were taken into consideration in preparing this

assets of consolidated financial statements increased by Baht 115.18 million or 4.7% compared with last year. An increase mainly arise from cash equivalents of Baht 32.77 million since cash paid-in for