2016 % Increase (Decrease) Assets Current assets Cash and cash equivalents 578,124 610,143 (5%) Trade accounts receivable 32,960 195,960 (83%) Inventories 3,278,914 854,626 284% Short-term loan to

were mainly following the lower sales and decrease in global material price. 2.1.2 Trade account receivables – other parties: As at and 31st March 2020 and 2019, the Company and its subsidiaries had

-month period compared to the same period of a year earlier. The main reasons was the weaken sales due to seasonal factors together with the impact of trade wars that have the broad impact on Thailand's

Management’s Discussion and Analysis (MD&A) For Q3/2017 14 Unit : Million Baht 30 September 2017 31 December 2016 % Increase (Decrease) Assets Current assets Cash and cash equivalents 182 610 (70%) Trade

Discussion and Analysis (MD&A) Q1/2019 Unit : Million Baht 31 March 2019 31 December 2018 % Increase (Decrease) Assets Current assets Cash and cash equivalents 164 201 (18%) Trade accounts receivable 23 14 63

31 March 2020 31 December 2019 % Increase (Decrease) Liabilities and equity Current liabilities Trade accounts payable 395 333 (19%) Other payables and accrued expenses 353 340 (4%) Advance from

716.37 million (or 30.54 percent of total assets) respectively. The decrease is inventories were mainly following the lower sales and decrease in global material price. 2.1.2 Trade account receivables

2017 31 December 2016 % Increase (Decrease) Liabilities and equity Current liabilities Trade accounts payable 518 2,039 (75%) Other payables and accrued expenses 733 1,239 (41%) Advance from customers

&A) For Q3/2018 15 Unit : Million Baht 30 September 2018 31 December 2017 % Increase (Decrease) Liabilities and equity Current liabilities Trade accounts payable 1,059 870 22% Other payables and

31 March 2018 31 December 2017 % Increase (Decrease) Liabilities and equity Current liabilities Trade accounts payable 1,772 870 104% Other payables and accrued expenses 693 724 (4%) Advance from