the transaction, Modern Company must adjust its business structure by buying out land and factory buildings as well as adjust all existing assets and liabilities of the company except tools, machinery
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of new shares (IPO), Baht 295.00 million Temporary investment Because the money received from the sale of shares to deposit in fixed account., Baht 14.70 million in trade and other receivables, Baht
400.15 million and Baht 539.07 million, as of December 31, 2017 and December 31, 2018, respectively. The major liability was payables for fixed assets and retention payable, and loans from financial
having fixed costs effecting the revenue. Other Income The other income amounted to Baht 9.68 million and Baht 13.69 million in the year ended December 31, 2018 and the year ended December 31, 2019
subsidiaries had total assets of Baht 83,500.54 million. An increase of Baht 4,226.08 million from the end of prior year was mainly due to the additional investment in BEM and the investment in fixed assets
institutions, and payables for fixed assets and retention payable. As of December 31, 2018 and March 31, 2019, the long-term loans from financial institutions stood at Baht 275.51 million and Baht 257.30 million
, 2019, the Company and its subsidiaries had total assets of Baht 84,560.10 million. An increase of Baht 1,059.56 million from the end of prior year was mainly due to investments in fixed assets and
distribution costs and administrative expenses increased in the amount of Baht 17.3 million or increased 6.0 percent. The main reasons were an increase in staff expense, doctor fee, and other fixed costs