1,966 million for 9M’2016 to Baht 2,346 million for 9M’2017, primarily due to the improvement of our operating profit margin and the reduction of financing cost resulting from the repayment of loan after

E_1 Legal_FA_2015_12_29-c A FFeeCCoorrppLL44..11hhiigg A Executive Summary Management Discussion and Analysis For the Quarter Ended September 30, 2017 The Thai economy maintained steady growth in the

sales caused by sluggish domestic car market in Thailand. Thailand domestic car sales dropped 27.7% in Q3 2024 as tight lending policy of auto financing providers continues to persist. The company

operating activities 1,760.6 422.7 Net cash generated (used in) from investing activities 2,144.2 354.4 Net cash generated (used in) from financing activities (4,596.6) 477.5 Net increase in cash and cash

-term borrowing facility increased due to an increase in the amount of Promissory Notes (PN) used which is the lowest cost of financing. Non-current liabilities have decreased as the Saraburi Acquisition

generated (used in) from investing activities (299.7) 1,574.7 Net cash generated (used in) from financing activities (134.0) (847.2) Net increase in cash and cash equivalents (1,051.8) 998.5 Cash and cash

stringent residential financing granting measure has not negatively affected the operation as the Company has the policy to develop project which has average selling price per unit higher than THB 10mn and

) from financing activities (700.7) (807.3) Net increase in cash and cash equivalents 1,022.1 (721.2) Cash and cash equivalents - ending balance 2,930.0 2,439.0 1. Cash flows from operating activities The

further BOI tax optimization. Net income was slightly down year-on-year given the higher depreciation and financing cost, despite the improvement in EBITDA 3.2. Assets, Liabilities & Shareholders’ Equity

paid 0 (0) +100% Cash from other financing activities 0 0 - Net Cash flows from (used in) financing activities (75) 316 -124% Exchange differences on translating financial statements 0 0 - Net increase