3.15 26% Core EBITDA/t (US$/t)) 111 122 90 23% 110 89 24% Net Operating Debt to Equity 0.54 0.57 0.88 (39)% 0.54 0.88 (39)% Note: (1) Consolidated financials are based upon elimination of intra-company

million or 51.88% which consistent with an increases in number of employee in order to support the growth of the business (2) Rise of allowance for doubtful accounts, the Company setup THB 21.13 million for

Financial Reporting Standard (IFRS). The significant changes are summarized as follows: 2.1 TFRS 9 Financial Instruments The Company reclassified of financial assets and financial liabilities to be consistent

Instruments The Company reclassified of financial assets and financial liabilities to be consistent with the business model and management of the company’s assets and liabilities, based on the facts and

in line with thriving exports, and capital inflows into Thailand’s debt and equity markets, which was consistent with fund inflows seen in other emerging markets. Given these, the Thai Baht

from 3.3 percent in 2016 on the back of rising exports and a robust tourism sector, consistent with a stronger recovery in global demand. Headline inflation rose to 0.7 percent, following higher energy

Repeal of the Notification of the Office of the Securities and Exchange Commission regarding Approval of Auditors for Offer for Sale of Debt Securities by Foreign Juristic Persons B.E. 2552

EBITDA/t (US$/t)) 122 107 91 34% 105 86 22% Net Operating Debt to Equity 0.57 0.84 0.91 (37)% 0.57 0.91 (37)% Note: (1) Consolidated financials are based upon elimination of intra-company (or intra

the decreasing is the decreased of cash and cash equivalents due to the loss of company operating results and the reduction of inventory at 13.48 million baht which is consistent with sale. This

working capital to continue the business in the future. The Company has also no debt from loans. The Company still has a consistent assessment of financial impact on the value of assets and contingent