. Meanwhile, farm income declined due to a more-severe-than expected impact of the drought. The Bank of Thailand reduced Thailand’s economic growth projection for 2020 to contract 5.3% (as of March 2020

% from lower long-term borrowing. Net debt to EBITDA (excluding lease liabilities and license payable) remained healthy at 0.8x. Total equity was at Bt85,816mn, which increased 4.9% from higher retained

the accounts of the Company and its subsidiaries which the operation of subsidiaries have not yet significant, the Management Discussion and Analysis have been submitted based on separate financial

. 2. Total expenses increased of Baht 24.95 million due to:  Bad debt and doubtful accounts increased of Baht 0.27 million due to collateral value of share decreased.  The Company record reserve

doubtful accounts from other receivables that was not expected to receive payment of 1.2 mn Baht. However, in 2017, no allowance for doubtful accounts was recorded. Total selling and administrative expenses

business receivable of Baht 1.65 million in the second quarter of the year 2016. 2. Total expenses increased of Baht 24.95 million due to:  Bad debt and doubtful accounts increased of Baht 0.27 million due

3.0% (219.6) -58.0% Current Assets 916.9 22.0% 1,171.3 22.3% 254.4 27.7% Loans receivable from purchase of accounts receivable -Net 3,021.1 72.6% 3,816.7 72.7% 795.6 26.3% Other long-term investment

purchase 427.1 10.3% 498.7 9.5% 71.6 16.8% Other Current Assets 378.8 9.1% 159.2 3.0% (219.6) -58.0% Current Assets 916.9 22.0% 1,171.3 22.3% 254.4 27.7% Loans receivable from purchase of accounts receivable

EGAT. At present, the Project has already been completed and all equipment and machinery have been sold out. 4. Trade accounts receivable – related par ties, long past due Unit : million Baht

of 2019 was Baht 38 million, a decrease of 24 percent compared to the second quarter of the previous year, this was due mainly to a decrease in the size of the Company’s credit balance accounts. 1.4