further BOI tax optimization. Net income was slightly down year-on-year given the higher depreciation and financing cost, despite the improvement in EBITDA 3.2. Assets, Liabilities & Shareholders’ Equity

39.34 million from annual depreciation and divestment of assets. As a result, the Group’s total assets stood at THB 3,199.56 million, down by THB 71.58 million or 2% compared to the same period of last

0.56 0.53 7. Total assets turnover ratio Time 0.12 0.09 0.10 8. Debt to equity ratio Time 0.10 0.11 0.13 9. Gross profit % 34.5 34.3 37.4 10. Net profit % 11.7 10.9 54.1 11. Rate of return on total

the real estate project has been completed and transferred to the customers after completion of the payment. Despite the sales of assets in the previous year there are remaining backlog and inventories

of Information and Procedures of Listed Companies on Connected Transaction B.E 2546 (2003). This transaction relating to assets or services Value of connected transaction : The total price of Baht 11

Thailand regarding Disclosure of Information and Procedures of Listed Companies on Connected Transaction B.E 2546 (2003). This transaction relating to assets or services Value of connected transaction : The

million, a increase profit of 753%. Excluding, the reversal of impairment loss of assets of Baht 486.70 million, the group incurred a net loss for the six-month period ended 30 June 2019 of Baht 42.22

. Total assets increased 150,182,697 baht compared to the last year due from the initial public offer of the new issued shares and the Company has not yet invested as declare in prospectus. The Company has

7. Total assets turnover ratio Time 0.12 0.12 0.09 8. Debt to equity ratio Time 0.10 0.20 0.12 9. Gross profit % 33.70 34.90 34.90 10. Net profit % 9.40 14.00 12.40 11. Rate of return on total assets

from normal business operation. 2. Financial position (Unit : 1,000 Bath) As of 30 June 2019 As of 31 December 2018 Increased (decreased) Total assets 1,211,560 1,082,750 128,810 Total liabilities