additionally from proceeds of land sold. The shareholders’ equity at the end of 1Q’19 decreased by 14% yoy because the payment of THB 419.40 million for subsidiary shares was higher than the book value of

On August 28, 2017, the Company issued and offered 2,000,000 units of 3-year debentures with a par value of Baht 1,000 each, totaling Baht 2,000 million. The debentures will be mature on August 28

targeted. In the 3 and 4 quarters, the bad debt portfolio which fully amortized the investment value will boost up the growth rate of revenues. Cost of Services The Company incurred service costs for the

diminution in value of inventories of Baht 6 million. However, the selling expenses - 3 - increased by Baht 3 million which is in line with the increase in sales revenue. Also, the company recorded employee

for doubtful account of Baht 14 million since the company has a better policy to collect money from customers. Furthermore, there is a reversal of allowance for diminution in value of inventories of

subsidiaries in Thailand and Singapore grew from the same period last year. However, the subsidiaries overseas were also affected by the strengthening of Thai Baht, which resulted in a decline in total value

investment of Baht 144.32 million in equipment and the depreciation of Baht 35.01 million during the period. - Biological assets increased by Baht 3.56 million, due to the adjustment of fair value of the dairy

an unrealized loss. From the change in the fair value of investments 126.06 Million Baht and recognize profits from sale of investments 1.29 Million Baht.  Cost of financial is 16.70 Million Baht. It

(TFRS 15) to reflect deduction and show the net in revenue from sales, thereby causing the revenue from sales and gross margin, including the distribution costs, to reduce in value, although the net

higher). Thus Board approval and SET disclosure is required. (Net tangible asset value of the Company in the consolidated financial statements as at 30th June 2019 is Baht 5,675 million) 3.2 Basis used to