acquisition, it has constituted some problems regarding the business operation such as related party transaction and redundant costs. The redundant costs occur when SQL has not enough inventories to deliver to

increase of receivables and inventories related to new projects and the investment in the joint venture with VinFast. Total liabilities increased by Baht 704 million, due to the increase of payable and the

11,823 27 0.2% Trade and other receivable 334 334 - - Inventories 487 540 (53) (10%) Other current assets 24 24 - - Total Liabilities 2,995 3,037 (42) (1%) Bank overdrafts and short-term loans from banks

- (Reverse of) loss on devaluation of inventories (85) 6 (1412%) Total cost of sale 3,701 7,591 (51%) Selling expenses 45 92 (51%) Administrative expenses 131 122 8% Finance costs 127 112 14% Total expenses

Million Baht also decline in inventories (Left in stock)of 45.22 Million Baht  Non-current asset as amount of 2,774.74 Million Baht decreased of 59.16 Million Baht when compared to December 31, 2018 was

(22.0) Current investments 2 223 (99.2) Trade and other receivables 11,480 11,558 (0.7) Inventories 10,003 9,461 5.7 Investments in associated companies 506 536 (5.6) Consolidation goodwill 425 438 (3.0

152.56 million or 3.59 percent decreased from as of December 31, 2017. The major reason is inventories decreased and decrease in land development costs because transferred to cost of sales Total

11,823 375 3% Trade and other receivable 213 334 (121) -36% Inventories 347 540 (193) -36% Other current assets 26 24 2 7% Investment in parent company available-for-sale security 10,934 10,235 699 7

39.1 million. 2. Trade and other receivable decreased Baht 209.9 million. 3. Revenue Department receivable increased Baht 26.8 million. 4. Inventories increased Baht 18.7 million, mainly caused by

inventories Baht 73.83 million. Non-current assets as at 30st June, 2019 was Baht 3,865.75 million decrease slightly amount Baht 15.34 million or 0.40% compared to non-current assets as at 31st December 2018