its investment in biomass powerplants to account for non-current assets held for sale. UWC plan to reinvest the proceeds in a higher return business to accommodate growth and streamline the company’s

and relevant to cash of 212.20 Million Baht; temporary investment decreased 409.80 Million Baht, Trade and other receivables decreased 563.07 Million Baht (Outside Trade account receivable decline of

and maintenance than projected, UWC considered to divest it’s investment in biomass powerplants resulting in reclassification of its investment in biomass power plants to account for non-current assets

, the Company has expanded new channels especially e-commerce through owned official platforms, Facebook: FN Outlet, Line Official Account: @fnoutlet as well as other marketplaces e.g. Shopee, Lazada etc

liabilities comprised of major items which follow;- 2.2.1 Account payable and others account payable was of Bt218.1 million 2.2.2 Long term loan from banks, which are due within one year, was of Bt468.5 million

account receivable turnover especially debtor screening policy efficiently. Therefore, there has been no record for an uncollectible account from Debtors. This is to ensure the Company financial status and

. The Company has taken seriously into account of the business plan and the Company’s interest and benefit. 3.2 Machinery Purchase Agreement Determining the consideration value is conducted by comparing

to increase marketing effectiveness, and the decrease in allowance for doubtful account receivables. 4. Finance costs were Baht 75.16 million, a decrease of Baht 12.09 million or 13.9% over the same

, Line Official Account: @fnoutlet as well as other marketplaces e.g. Shopee, Lazada etc. Industry Overview Thai economy in 3Q19 was slowdown. Impacts from slowdown in trading partners’ economy continually

of net account receivables which shared 89% of total assets. - Accounts Receivable The Company had gross accounts receivable of 65,844 million baht (both current assets and non-current assets) as of