27.3% 396.1 29.2% 105.7 36.4% Revenues Analysis In 2017, the Company’s Total Revenues stood at 1,356.3 or increased by 27.5%. The changing revenues can be explained as following; 1. Revenues from

increased by 37.8%. The changing revenues can be explained as following; 1. Revenues from collection of purchased account receivables was 1,480.5 million Baht in 2018, increase 370.7 million Baht or 33.4

could be explained as follows: 2 The Company’s Specific Business Financial Statement for the year ended December 31st, 2019 exhibits the loss of 12.85 Million Baht which is 19.25 Million Baht reduced from

764.4 million Baht, which was an increase 38.4% from the same period last year. The reasons for an increasing of revenues can be explained as following; 1. Interest income and dividend and Gain on loans

%. The major decreasing incurred in the 2nd quarter as it affected from branches closing for almost 2 months and the postponement of the annual event in June as explained previously. However, the Company

following matters: (1) good governance and clear, transparent organization structure; (2) effective risk management for legal, credit, liquidity, operation, and other risks, with measures to appropriately

explained in 3.3. For the area of business operation after the subsidiary has disposed assets to pay debts to creditor (the purchaser) in accordance with the compromise agreement as explained in 3.4, the

prices and the Company suffered devaluation loss on Finished Goods stock, Raw Material in stock and in transit as explained above. Though the prices have continued to weaken month on month, we are now

the creditor (the purchaser), the subsidiary will subrogate the right from the existing debenture creditors, as explained in 3.3 onward. For the machines in business operation after the subsidiary has

E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business sector remained challenged by new modes of competition in a broader marketplace amid the advancing digi...