3,896.0 3,896.0 - - Retained earnings - Unappropriated 2,780.2 1,831.9 948.3 51.8 Deficit from business combination (22.9) (22.9) - - Total equity 11,741.3 10,793.0 948.3 8.8 Statement of Financial Position
the customers and recognize continuously the revenues as planned whereby reduce further its debts by repaying these to the financial institutions, the debt to equity ratio may decrease further by year
afterward. The capital increase from Initial Public Offering would result in the marked decrease in Debt- to-Equity ratio and financial costs going forward. On November 14, 2019, the Company entered into the
East Coast Furnitech Public Company Limited (“the Company”) would like to report on Management Discussion and Analysis from the Separate and Consolidated Financial Statements of the 1st quarter ended 31
as LQSF’s total liabilities recognition of Baht 167 million, mainly due to loans from financial institutions of Baht 80 million and trade payables of Baht 64 million. Page 8 Shareholders' Equity As at
-current liabilities 740.34 273.12 467.22 Total liabilities 1,304.62 1,843.84 (539.22) Equity 839.43 253.87 585.56 Consolidated financial information Page 4 of 19 • Inventories reduced by Baht 9.86 million
year and net profit margin attributable to the equity holders of the Company increased to 23.7% from 13.9% in 2016. FINANCIAL POSITION (THB mn) ASSETS ASSETS BREAKDOWN 31 DECEMBER 2016 31 DECEMBER 2017
adoption of new financial reporting standards, the acquisition of a new subsidiary and the depreciation of the Thai Baht that affected the value of Company’s overseas assets • Net debt to equity ratio at the
as issuing and offering financial structured products. HF focuses on equity and derivatives trading with less than 1 year investment horizon, applying Market Neutral strategy and advanced statistical
SHAREHOLDERS’ EQUITY Since the beginning of 2020, the Company has adopted the new financial reporting standards related to financial instruments and leases. The cumulative effect of initially applying these