from the amount as of December 31, 2017 by Baht 133.17 million, or an decrease of 8 percent, resulting from the effective debt management of the Company and its subsidiaries. Shareholder’s Equity As of

parties of THB 79mn and 3) prepaid expenses of THB 54mn. The increase was partially offset by a decrease in trade and other receivables of THB 142mn. Total non-current assets stood at THB 2 ,277mn, an

year, decreased 9.7 million baht or 25.4 percent from a decrease in distribution cost of Post Today newspaper, M2F newspaper and magazines. Consolidated administrative expenses for the first quarter 2019

growth of the business since 2018 and the fact that the Thai Baht value appreciated against US Dollar, the Company had loss on exchange rate, resulting in a decrease in net profit ratio (ROS) from 20.41

% decrease from the same period last year. This was the result from the cessation of the subsidiary’s business operations. 2. Other Income 22.85 Million Baht, increase 17.10 million baht from the same period

submit herewith explanation and analysis of the Management as follows. 1. Income, gross profit, net profit Unit : Million Baht 1. Income 2019 2018 2017 Increase (decrease) 2019-2018 1.1 Construction

Financial position 31 December 2018 30 June 2019 Increase (Decrease) As at 30 June 2019, the Company had total assets of Bt3,680.65mn decreasing 6.0%YoY, mainly due to continually emphasizing on efficient

of the project to increase production efficiency and results from the calculation of the long-term employment benefits of 400 days scheme at 4.78 million Baht, as resulted decrease in gross profit

to 1.56 times, respectively, with a decrease in inventory holding period from the same period of the last year were 115 days and 116 days. Cash flow received from operating activities decreased from

0.78 times and from 1.53 times to 1.56 times, respectively, with a decrease in inventory holding period from the same period of the last year were 115 days and 116 days. Cash flow received from operating