to 0.25 times as a result of lower debt and higher equity. Shareholders' Equity As of December 31, 2018, Shareholders' Equity totaled Bt12,007 million, an increase of Bt733 million, due mainly to

) Total Liabilities Total liability as of December 31, 2018 was 106.34 mb, a decrease of 5.33 mb or 4.8%. The decline is due to the quicker payment to supplier and financial leasing. (c) Shareholders

manufacturing, and accrued income tax. Shareholders’ Equity As at 30 September 2019, shareholders’ equity was Baht 1,575 million, which decreased by Baht 103 million from Baht 1,678 million as at 31 December 2018

an existing plant. Source of Financial Capital As the group as no interest bearing debt and operating working capital is positive the groups funding is from the shareholders equity. Major Factors which

and disseminating to investors accordingly. Yours Sincerely, ( Kamtorn Sila-On ) President - Production and Finance S & P Syndicate Public Company Limited

% 45.1 4.9% 21.5 91.1% Financial Expenses 63 6.9% 54.3 5.8% -8.7 -13.8% Net Profit Attributable to Major Shareholders -17.4 -1.9% 17.2 1.9% 34.6 198.9% Overview of the Retail Industry and the Company's

. (3.3) Shareholders’ Equity As of June 30, 2017, total shareholders’ equity was THB 599.76 million, increased by THB 21.19 million or 3.66 %, from the year ended 2016, mainly due to the combined effect of

shares at 10.00 Baht (par value), this is in total of 999,970.00 Baht (Nine hundred and ninety-nine thousand nine hundred and seventy Baht). Name of shareholders Shares Ratio 1. Vanachai Group Public

2017 December 2016 Change Amount % Total Assets 14,657 11,113 3,544 +31.9% Total Liabilities 7,930 4,877 3,053 +62.6% Total Shareholders’ Equity 6,727 6,236 491 +7.9% Compared to December 2016, the

. Shareholders’ Equity The Company’s shareholders’ equity as of 30 June 2017 total THB 347.4 mn, an increase THB 32.1 mn or equivalent to 10.2% of retained earnings. Please be informed accordingly, Yours Sincerely