year 2016 ECF Holdings Company Limited, as the subsidiary of the Company by holding 75 percent of total shares, invested to solar power plant with installation capacity 1.5 MW at Himeji Prefecture, Japan

. The Company has drawdown loan for acquisition of subsidiary shares in 2Q’18 causing rising debt level at the end of December 2018 and subsequently paid down loan from its operating cash flow and

Separate FS) The Company received listed share from the debt repayment by one of its receivable and put this share as the collateral for the loan with one bank totaling 55 million shares or 1.42% of total

listed share from the debt repayment by one of its receivable and put this share as the collateral for the loan with one bank totaling 55 million shares or 1.42% of total registered shares of that company

-Translation- Ref. No. PorBor. 029 / 2020 19 June 2020 Subject: Entering into Transaction of Disposing of Subsidiary’s Machines for the Debenture Debt repayment To: President The Stock Exchange of

) -0.04 -0.13 Gross Margin -2.21% -22.86% Net Profit Margin -22.07% -62.45% Debt to Equity Ratio (Time) 4.36 4.36 Total Expenses Financial Performance of 3rd quarter for 9 months ended September 30, 2017

Total Liabitities 358.80 397.86 -39.06 -9.82 Total Shareholders ' Equity 202.01 67.72 134.29 198.30 Basic Loss Per Share (Baht) -0.15 -0.33 Gross Margin 3.04% -4.08% Net Profit Margin -23.48% -31.48% Debt

increase of administrative expenses in year 2018 was due to one-time expenses incurring from legal & advisory fee for the acquisition of subsidiary’s remaining shares in 1Q’18. Earnings before interest

expenses incurring from legal & advisory fee for the acquisition of subsidiary’s remaining shares Financing Costs In 2Q’18, financing cost increased THB 3.2 million or 275% yoy. This was due to an increase

the first quarter of 2019, the operating profit was equal to 9.0 million Baht, resulting from more stringent customer screening and increase of efficient collection. The average debt collection (Normal