expected to commence in 2021. Financial Position Balance Sheet Balance Sheet Breakdown As of 30 September 2019, the Company had total assets of THB 22,909 million, a decrease of THB 547 million (or -2.3

2020 Q1’20 Management Discussion & Analysis Page 4/6 Financial Position Balance Sheet Balance Sheet Breakdown As of 31 March 2020, the Company had total assets of THB 27,823 million, an increase of THB

recorded at THB 105 million, a decrease of THB 105 million from 1H2019. P a g e | 4 - Management Discussion and Analysis 2Q2020 - As of June 30, 2020, the Company has total assets in the amount of THB 12,496

amounted to Baht 3,123 million, slightly rose from the same period last year but gross margin was down to 25.4%, from 27.2% in the same period last year. This was partly due to the adjustment of inventory

. Financial Statements The Company’s total assets as of March 31, 2018 was equivalent to Baht 805.54 million which decreased by Baht 7.30 million consisting of current assets of Baht 438.37 million which

of 2018 and the performance in the 3rd quarter of 2017 was the income which increased from the business of billboard rental service. Financial Statements The Company’s total assets as of September 30

total assets increased by Baht 855.33 million, largely attributable to increase in inventory, property, plant and equipment and right of use assets. Total liabilities decreased by Baht 214.46 million

68.03 Inventory 4.02 8.70 1.87 3.27 0.50 1.25 Land, building and equipment 6.74 14.60 6.07 10.62 1.70 4.26 Total Assets 46.19 100.00 57.20 100.00 39.94 100.00 Account Payable and other debtors 11.45 24.80

% from year 2016. Current assets mainly increased from the increase of inventory due to more hot-rolled coil stock, from THB 1,991 million as of December 2016 to THB 2,597 million as of 30 September 2017

Page 1 Enclosure 5. Information Memorandum on the Acquisition of Assets of Safari World Public Co., Ltd.; An increasing of investment cost (No. 2) Enclosure 5. Information Memorandum on the