share (2019 : net loss at Baht 0.35 per share) which net loss decreased by Baht 1.56 million compared to the net loss of Baht 6.21 million in the Quarter 1/2019. Our book value per share as at 31 March

million, decreased 2% from year 2017. Current assets mainly increased from the increase of cash and cash equivalents, trade accounts receivable and inventory of the Subsidiary Company. Non-current assets

market conditions remained subdued with downward pressure on HRC prices due to global trade tensions, high levels of imports and slowdown in Thai economy. While various representations are being made to

% of total assets. Trade Receivables At the end of 2016 and of Q3/2017, the Company reports net trade receivables 229 . 0 0 million THB and 183.37 million THB or equal to 47.71% and 23.17% of total

the net trade debts of THB 1,136 million and some portion from the trade creditors agreed to reduce the accrued interests payable during the negotiation period before the completed debt-to-equity

mainly from trade accounts receivable and unbilled receivables. The quality of assets Trade account receivables Unit: Million Baht Consolidated financial statements 31 December 2019 31 December 2018 Trade

due to the lower trade accounts receivable. 4 The quality of assets Trade account receivables Unit: Million Baht Consolidated financial statements 30 June 2019 31 December 2018 Trade account receivables

million or a decrease of 12% compared to the total assets as at 31 December 2018, amounting to Baht 8,870 million. The decrease was mainly from trade and other receivables and unbilled receivables. The

The quality of assets Trade account receivables Unit: Million Baht Consolidated financial statements 31 March 2020 31 December 2019 Trade account receivables - unrelated parties 743 641 Less: Allowance

18.08 16.96 26.52 Share of profit (loss) of associate (9.01) (34.10) (40.44) (35.59) (25.09) (73.58) 4.85 13.63 Net profit 16.06 (12.86) 40.46 28.35 28.92 224.88 12.11 42.72 - Operational profit amounted