adoption of new financial reporting standards, the acquisition of a new subsidiary and the depreciation of the Thai Baht that affected the value of Company’s overseas assets • Net debt to equity ratio at the
overseas assets • Net debt to equity ratio at the end of 2Q 2020 stood at 0.98x, an increase from 0.48x on 31 December 2019 2Q 2020 SIGNIFICANT EVENTS Impacts of Coronavirus Disease 2019 (COVID–19) COVID-19
period of last year amount of 37.30 million Baht or decreased 37.30%. In 2019 the Company has the doubtful debt 22.90 million Baht, decreased from the same period of last year amount of 276.22 million Baht
was the main balance in total current assets, the management still believes that the Company could collect debt from the main customers based on the past experience. 3. Summary of financial position of
Laboratories Corp., Ltd. ” 7. International Leather Fashion Co., Ltd. ” 8. Raja Uchino Co., Ltd. ” 9. Champ Ace Co., Ltd. ” 10. H & B Intertex Co., Ltd. ” 11. Thai Itokin Co., Ltd. ” 12. Pattaya Manufacturing Co
for the launch of the production automation under the scheme of “Delta Smart Manufacturing”. The company believes that it would benefit the company by enhancing energy saving and improving the
business of manufacturing faucet products and disposal of assets not used in operations, which was lower than net book value but higher than the valuations appraised by valuers. Resulting in loss from
operation, CCET purchased the custom-made calculators from Kinpo to support the Company’s manufacturing purpose. 2nd transaction Partners of Contract Seller: Kinpo International Ltd. (“Kinpo-Inter”) Buyer
TBSP) in the total numbers of 2,200,000 shares with purchase price of THB 13.60 each. Business operation of TBSP TBSP engages in manufacturing and printing of security documents such as cheque, business
% shares in TBSP Operating Business of TBSP TBSP engages in manufacturing and printing of security documents such as cheque, business form or plastic card. Financial Information of the Company and TBSP Set