decline could be attributed to an increase of Baht 1,493 million or 16.36 percent in our impairment loss on loans and debt securities to cope with economic uncertainties. Operating profit before provision

The SEC has revised the definition of Qualified Subordinated Debt to be excluded from the total liabilities for the calculation of net capital of business operators, viewing that the debt instruments

deceleration in sales revenue and the higher sales and administrative expenses mentioned earlier. Financial Position Total Assets As of 31 December 2019, the Company’s total assets stood at THB 4,956.71 million

approved earlier shall be deemed to be cancelled and no other related matters shall be further proposed for consideration; and (3) appoint an independent financial advisor to provide an opinion on the asset

, because of lower gross profit margin from revenue recognition of reversal of deferred revenue as mentioned earlier, compared to the gross profit margin from sale of investment properties to HREIT in the

the deceleration in sales revenue and the higher sales and administrative expenses mentioned earlier. Financial Position Total Assets As of 30 June 2019, the Company’s total assets stood at THB 4,997.97

same period of a year earlier. The main reasons was the regular increase in sales and administrative expenses while gross margins amount stay flat in the current quarter, despite higher in sales but

97.42%. Net profit margin also plummeted from 17.07% to 0.74%. The fall in net profit margin was from the deceleration in sales revenue and the higher sales expenses mentioned earlier. Financial Position

sales revenue and the higher cost of goods sold, sales and administrative expenses mentioned earlier. Financial Position Total Assets As of 31 March 2020, the Company’s total assets stood at THB 5,397.93

of steel Relationship with the Company Business Partners Debt amount * 252.08 million Baht Debt to Sales ratio** 7.33% Provision for allowance for doubtful accounts 100% of outstanding balance due to