other payable 12,211 10,480 16.5 Others 2,588 2,835 (8.7) Total Liabilities 14,799 13,544 9.3 Total Shareholders’ equity 31,994 32,473 (1.5) Total Liabilities and shareholders’ equity 46,793 46,017 1.7

loans 0 229 (100) Trade and other payable 12,899 10,480 23.1 Others 2,438 2,835 (14.0) Total Liabilities 15,337 13,544 13.2 Total Shareholders’ equity 33,177 32,474 2.2 Total Liabilities and shareholders

12,952 45.8 Total shareholders' equity 36,889 33,006 11.8 Total liabilities and shareholders' equity 55,776 45,958 21.4 Inventory (net) as of 30 Sep 2020 were Baht 11,256 million, increase of Baht 2,293

or 36.71% due to the cost of sales varies according to the decrease in revenue while the Company’s subsidiaries cost of sales was increased due to its production could not utilized full capacity. (3

demand in the market. Excess production in China caused extra problems as the local production could not be shipped out due to pandemic, resulting into an intense competition and price in China. For

568.63 Total comprehensive loss for the year -297.21 -58.58 -238.63 -407.36 Non-controlling interests of the subsidiaries -48.93 0.21 -49.14 23400.00 Profit(Loss) attributable to equity holders of the

comprehensive loss for the period -13.73 -7.62 -6.11 -80.18 Non-controlling interests of the subsidiaries 0.05 0.06 -0.01 -16.67 Profit(Loss) attributable to equity holders of the company -9.41 -9.64 0.23 2.39

the factories employee expense that couldn’t be used full capacity of production. หน้าที่ 2 จาก 5 (3) Gross profit In the Third Quarter Ended September 30, 2017, the Company and subsidiaries has total

) Revenue structure + (-)2018 3 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 Revenue from steel tower manufacturing decreased by 37.21% as a result of rescheduling of production and delivery plan by major

AND ANALYSIS 2019 Revenue from steel tower manufacturing decreased by 37.21% as a result of rescheduling of production and delivery plan by major customer from 2019 to mid of 2020 due to eminent domain