, under the management's analysis, the said standard shall cause the financial ratio in terms of capital structure, the Debt to Equity Ratio, to change in an increased direction. Since the Company has to

Company based on the assumption that the rights under the warrants are exercised in full and ACO I will become a majority shareholder of the Company with a direct shareholding of 17.84 percent of the total

issued ordinary shares to accommodate the adjustment of rights for the warrants of the Company based on the assumption that the rights under the warrants are exercised in full and ACO I will become a

was at 16.5%. Revenues The structure of revenues for the three-month and six-month period ended 30 June 2017 and 2016 are as follows; Unit: THB million Three-month period Variance +/(-) Six-month period

mobile top-up decreasing from 95% to 90%. As a result, the revenue structure of the Company is more diversified. The growth of other services such as money transfer has been growing very well. In 2Q17, the

financial structure remained strong and stable with cash and cash equivalents, including short- term investments of THB 1,059.9 million, decreased from 2016 by THB 132.1 million because the expanding of the

Acquisition or Disposal”), whereby, this transaction results such company is no longer the Company’s subsidiary. The total maximum transaction value of such transactions calculated based on the total value of

top-up decreasing from 95% to 90%. As a result, the revenue structure of the Company is more diversified. The growth of other services such as money transfer has been growing very well. In 3Q17, the

is success in increasing rent and service income continuously, the revenue structure will be more stable in the long term. In additional to rent and service income, the Company recorded property

currency on the importation of seaweed approximately of 38.6 million. However, Net Profit margin for the year 2018 could be improved from 1) New cost structure including seaweed price and utilization rate 2