by 1,900 MTHB or 11% comparing to 17,868 MTHB at the end of 2017. The increment was mainly from the net profit of 2018 offset with dividend paid to its shareholders. Analysis of Cash Flow As of 31

million, an increase of Baht 6 million, or 1.40% from those of previous year-end’s, derived from profit for the period of 2018 Baht 86 million deducted dividend paid out Baht 80 million. Liquidity: In 2018

increased is mainly due to the operating profit for the period of Baht 127.25 million and share subscription as warrants exercised of Baht 353 million. However, there was dividend paid of Baht 113.98 million

) million, mainly due to the following reasons: • Total comprehensive loss Baht (66.07) million. • Dividend paid Baht (16.80) million from the operating result 2017.

listed company 1. To increase efficiency and reduce the cost of transportation of products in the group companies 2. To increase more business channel in the group companies. 3. To gain dividend from

/2018, with total buyback amount of Baht 114 million; and 3) dividend payment for the second half of 2017 operating results of Baht 69 million. 5. Liquidity and Capital Resources Current Ratio As at 31

, 2019 in amount of 40.2 million baht. Significant transactions were from the dividend payment 22.4 million baht and repayment of long-term loans from financial institutions 17.5 million baht. Date

interim dividend paid-out. As ending of Q3/2019, the Company’s total debt to equity ratio stood at 1.90 times while interest bearing debt to equity ratio was 1.70 times. Looking forward The Company’s

profit of the 9 month of year 2019 earned of THB 34.7 MB and decrease from the dividend payment according to the resolution of the general meeting 1 / 2019 in the amount of THB 41.6 MB. The company plan to

Statement year ended December 31, 2019 Both of return on assets and return on equity of 4Q19 improved yoy. driven by the sustainable profit and higher dividend payout ratio. From the financial risk