short-term loans from bank for business operation. V Income tax expenses In the period for year ended December 31, 2018, accumulated amount of 980.6 million baht, or 5.9% from the total revenue, an

building and the capitalization of our software as we introduced more features. Cash surplus increased by 23.20 mb or 26.3% due to cash flow generated from operation and good working capital management. (b

from operation only accounted for 70.73 million. 2. Discussion of Financial Position 2.1 Assets As of September 30, 2019, total assets on consolidated basis amounted to THB 2,409.99 million dropped from

: Ibis Styles Chiangmai Hotel invested by Premium Foods Co., Ltd. and Novotel Chumporn Beach & Golf invested by Thai Flavour and Fragrance Co., Ltd. Operation Results Statement of Comprehensive Income (MB

decreased 1% [-5% in THB terms] in 2019 over 2018. The microelectronics operation in Lamphun sales increased 7% [+3% in THB terms] and JXG decreased by 16% [-25% in THB terms] in 2018. In 2019 IC assembly

operation, while incurring an insignificant amount of total liabilities. The Company and its subsidiaries recorded a debt to equity ratio of 0.13 times. Yours sincerely, Mr. Songwut Sakchalathorn Chief

the accounts of the Company and its subsidiaries which the operation of subsidiaries have not yet significant, the Management Discussion and Analysis have been submitted based on separate financial

Chiangmai Hotel invested by Premium Foods Co., Ltd. and Novotel Chumporn Beach & Golf invested by Thai Flavour and Fragrance Co., Ltd. Operation Results Statement of Comprehensive Income (MB) 2018 2019 MB

generate retained earnings from operation, while incurring an insignificant amount of total liabilities. The Company and its subsidiaries recorded a debt to equity ratio of 0.13 times. Yours sincerely, Mr

mobilization via the IPO and could generate retained earnings from operation, while incurring an insignificant amount of total liabilities. The Company and its subsidiaries recorded a debt to equity ratio of