items in Balance Sheet (for six-month period ended June 30, 2020) Assets As of June 30, 2020, the Company has total assets of Baht 119,678 million, which increased by 3.4% from year-end 2019. This results

10.06% as compared to 2016. However, higher proportion of cost of sales to net revenues from sales increased from 48.69% to 49.08% as a result of increasing prices of goods and raw materials including

investment of the establishing the subsidiaries in Germany, the noncurrent assets increased by THB 860.1 mn due to preparation of buying and receiving assets in Germany and Hungary in April. Total liabilities

-month period ended March 31, 2018 net profits increased by 103.35% on a period-on-period basis; this increase was related mainly to an increase in revenues. Statement of financial position As of December

increased 31% are results of volume impact in domestic market and also selling price adjustment to trade, regarding to raw material cost increase. ⚫ Total expenses increase 30% are mainly reflected by

the loss of the the air conditioner in the testing room breakdown (1.88 MB/Year) 2) Increase the efficiency of air conditioning systems with increased airflow rate and Energy saving 3) Reduce the

agreement. Remark: About increased remuneration, the Hwa Fong Rubber Industry Co., Ltd (HFR) consider and compared with the compensation of HFR paid to technical team at Taiwan and This year, it is necessary

Loan to Value regulation or “LTV”. Moreover, the household debt has been steadily increased in recent years which result to the strict in granting a loan to the borrower from many financial institutions

amortized to total expenses. 6. Finance costs increased by Baht 10. 05 million or 26. 37% from the same period of last year due to the fact that the company borrowed money from financial institutions for the

at the beginning of 2017. The depreciation on machinery was also increased due to higher unutilized machines in this quarter. For the 3th quarter of 2017, the Company had financial costs of 0.00