the first quarter of 2017 approximately THB 22.11 million. However, the Company fully settled such provision in the second quarter of 2017. No more of such expense incurred in the current period

year’s consulting service fee for acquiring subsidiary company was at Baht 1.2 million and so this year had no this expenses items and 3) last year’s loss on exchange rate was at Baht 1.1 million and so

majority of selling expense was sale personal expenses and logistic expenses. This year, the Company and its subsidiaries have no obligation to reserve doubtful debt as in the first quarter of the previous

in the first quarter of 2017 approximately THB 22.11 million. However, the Company fully settled such provision in the second quarter of 2017. No more of such expense incurred in the current period

with increase in operation >> Decrease in depreciation and amortization as certain equipment have been fully depreciated and no purchase of material new equipment >> Decrease in rental of offices and

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of 40.80mb and finance lease payment of 17.4mb. After IPO fund raising, the Company has no financing project as we have ample funds for a working capital and other investment plans. Please be informed

equity ratio would be 2.02, in case of no TFRS16 adoption.) Interest-bearing debt to equity ratio was 0.93, increasing from previous quarter, as a result of the decrease in equity, shares buyback, and the

Statement of Financial Position 7 6. Finance Cost: Finance cost arise from the recognition of interest expense from the adoption of Thai Financial Reporting Standards 16 Leases (TFRS 16). The company has no

Microsoft Word - ACE MDA Q1 22 - EN - Final 1 No. ACE-ACC-2/2022 11 May 2022 Subject Management Discussion and Analysis for the period ended 31 March 2022 To President The Stock Exchange of Thailand