increased because the Company increased investment in government bonds. • Net cash used in financing activities was used in the annual dividend payment. Analysis of Liquidity. Transaction For the Year ended

. This is mainly due to the net profit from operating for the period by Baht 140 million, treasury stock of Baht 103 million, and dividend payment of Baht 134 million. - 8 - Please be informed accordingly

million, or a decrease of 2% compared to the total shareholders’ equity as at 31 December 2018, which was Baht 2,506 million. The change was due to the net profit, the dividend payment to the shareholders

/2019, the revenue is increased because dealers must buy to achieve their annual target. • The other revenue of NDR is increased in 2019 because of receiving dividend from FKRMM at 15,150,000.00 Baht and

dividend payment resulting in a decrease in shareholders' equity Please be informed accordingly. Yours sincerely, (Miss Poramaporn Chamnongsuk) Company Secretary

an increase in retained earnings THB 48.18 million and dividend payment of THB 27 million. 4. Cash Flow Analysis Cash and cash equivalent increased by THB 16.38 million, consists of:  Cash and cash

. 3. To gain dividend from company net profit for investment. - 5 - 7. Board committee’s statements over the transactions Board committee remarks that the investment in Vanachai Wood Smith Co., Ltd

exchange rate by adopting a quicker and higher debt pay- off ratio. T/R payable slightly increased. Trade account payables and other payables decreased. The decrease in Shareholders' equity was from dividend

gas construction service The Group’s total shareholders’ equity as at 30 September 2017 was 844.12 Million Baht decreased from 31 December 2016 which was 857.63 Million Baht because dividend payment on

profit from operating for the period by Baht 147.76 million, dividend paid by Baht 197.01 million, shares to be issued from exercise of warrants increased by Baht 62.93 million and received advance from