E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending June 30, 2019 The Thai economy faced increased headwinds in the second quarter of 2019. Exports, tourism and private investment – among major economic activities – were hampered by the worse-than-expected global economic slowdown. Meanwhile, consumers’ purchasing power weakened amid high household debt, whereas public investment and the government’s budget disbursement were aff...

the year ended 2017 and total non-current assets amounted to THB 14,943 million, decreased by 1% from the year ended 2017. The increased in current assets mainly derived from the increasing in cash and

equivalents stood at THB 135mn, a decrease of 30.9% or THB 60mn. Cash from operating activities was THB 324mn (vs cash from operating activities of THB 117mn in 6M 2017). This was derived from profit before tax

14,752 million, decreased by 3% from the year ended 2017. The increased in current assets mainly derived from the increasing in trade accounts receivable, inventory and other current assets whereas the

ended 2017 and total non-current assets amounted to THB 14,610 million, decreased by 4% from the year ended 2017. The reduction in current assets mainly derived from the decreasing in cash & cash in banks

from operating activities was THB 1,208mn. This was derived from profit before tax of THB 1,968mn, being offset by non-cash reconciling items of THB 602mn and changes in net working capital of THB 158mn

cash equivalents was THB 1,892mn, decreasing from THB 2,767mn at the beginning of the year. In 1Q 2020, Cash generated from operating activities was THB 228mn. This was derived from loss before tax of

first few days after the easing of lockdown measures; these sales derived mainly from those product categories that have lower propensity to be purchased online, due to the need for advice or

the beginning of the year. For the six-month period ended 30 June 2020, cash used in operating activities was THB 326mn. This was derived from loss before tax of THB (2,092)mn, being compensated by non

’ equity As at December 31, 2019, shareholders’ equity amounted to Baht 613 million and decreased from the prior year at Baht 4 million which derived from the year’ s profit of the Group at Baht 84 million