Following POLAR shareholders? complaints and the SEC's further investigation, it was found that POLAR, led by Yanakorn as director and chief executive officer and Poonsak as director and chief

project recruitment. Financial cost decreased 30.79 percent, due to the repayment of long term debt. As a result, cost of goods sold and expenses increased 12.01 percent from the same period of last year. 3

million equivalent to 10.88 percent, in which the net profit margin of the Company has increased when compared to the same period of last year due to the decreasing of allowance for doubtful debt is THB

The spread of COVID-19 pandemic since March 2020 has resulted in severe volatility in debt and equity markets around the world, and consequently stimulated investment outflows from mutual funds

Group”) for the net trade debt repayment of USD 123,899,729, or equivalent to THB 4,275,683,281.33, under the debt to equity conversion scheme where the conversion price will be fixed at THB 0.1961 per

; and 2. Debt in the amount of THB 650,000,000. Furthermore, in order to facilitate the implementation of the Project, the Board of Directors’ Meeting has resolved to authorized the Chief Executive

the net trade debt repayment of USD 123,899,729, or equivalent to THB 4,275,683,281.33, under the debt to equity conversion scheme where the conversion price will be fixed at THB 0.1961 per share

million and the debt collection from Bill of exchange of WCI Holding Co., Ltd. of Baht 14.37 million. Please kindly be informed accordingly. Yours sincerely, (Mr. Chaipatr Srivisarvacha) Chief Executive

the 1st quarter ended 31 March Description Unit 2018 2017 2016 1. Liquidity ratio Time 9.48 6.69 9.48 2. Liquidity quick ratio Time 1.47 3.26 6.16 3. Average debt collection time Day 53 62 45 4. Average

ratio Time 1.85 1.47 3.26 3. Average debt collection time Day 51 53 62 4. Average debt repayment time Day 81 96 131 5. Average goods selling time Day 726 859 495 6. Fixed asset turnover ratio Time 0.67