percent when compared to same period of previous year which has other revenue of 1.13 Million Baht due to sell scrap raw materials, income from insurance claim and compromise with trade creditors (2

contribute high gross margin; 4) marketing activities to help dry stock at trade stores and prepare for new packaging launch in Q3; and 5) increased administrative expenses from higher personnel expenses to

were 8.34% of total sales, slightly increased from 8.24% in 2018. Share of Profit from Associated Company The consolidated share of profit from associated companies based on the equity method in 2019 was

by 6.26 % compared to last year. Total sales were Baht 2,020.63 million, decreased by 5.91% due to the economic trade wars that effected global market. The export customers were affected from currency

equivalents amounting to 7,540 MTHB, increasing 2,327 MTHB or 45% comparing to 5,213 MTHB at the end of 2017. (see further information in analysis of cash flow) 2. The balance of trade receivables at the end of

MTHB or 63% comparing to 3,207 MTHB at the end of 2016. (see further information in analysis of cash flow) 2. The balance of trade receivables at the end of 2017 was 2,605 MTHB, increasing by 633 MTHB

103.43 102.12 (1.31) (1.27%) Liabilities and equity Current liabilities Amount due to related companies 0.34 0.01 (0.33) (97.56%) Current portion of financial lease liabilities 0.60 0.47 (0.13) (21.26

economics’ slowdown is expected to continue in 2Q19 since the negative impacts remain unsolved. The global economic is expected to be pressured from an uncertainty of the USA-China Trade War. New government

due to the 5 months consolidation of Trans.ad Group. SG&A to sales ratio decreased significantly from 33.5% in 2017 to 30.0% in 2018. Net profit attributable to the equity holders of the Company

December 2019 31 December 2018 Increased (Decreased) Percentage Liabilities and shareholders’ equity Current liabilities Overdraft and short-term bank borrowings 238.95 59.18 179.77 303.77% Trade and other