, or 25.09% decreased resulting from both lower purchasing volume and lower unit cost of inventory. While trade accounts receivable showed Baht 592 million as of 31 December 2019, an increase of Baht 14

average selling price decreased considerably due to slowdown in Thai economy, strengthening of Thai Baht, and surge in imports of Alloy Steel and Galvanised HRC post expiry of safeguard duties. While total

. While inventory showed Baht 445 million as of 31 March 2020, an increase of Baht 36 million from Baht 409 million of ending 2019 or 8.79% increased resulting from the lower purchasing volume during year

the Company was interest paid from issuing of short-term debenture which were redeemed on 13 June 2019. 10. Tax expenses in the quarter 1/2020 was Baht 5.76 million while quarter 1/2019 had tax income

completed in this current quarter while another one has been under work delivery from a contractor. Comparing to the same quarter in 2019, there were 4 projects and there has been no new awarded project in

during Q2/2020. While inventory showed Baht 460 million as of 30 June 2020, an increase of Baht 51 million from Baht 409 million of ending 2019 or 12.62% increased resulting from the lower purchasing

. As a result of business lock down by the government, the Group’s income has been inevitably and significantly impacted, while the costs and expenses remained tightly controlled. This resulted in a half

investment of ward renovation and medical equipment while revenue contracted. However, percent of medicine & supplies and doctor’s fee cost to revenue decreased on back of fewer number of SW patients visit

of trade receivables. • Contract assets decreased Baht (39) million because of invoicing of engineering business. • Restricted cash decreased Baht (27) million while cash and cash equivalents increased

in our products from major customers, while maintaining and controlling in product cost position including managing Foreign Exchange more efficiency. Please be informed accordingly. Sincerely yours