which was long term, lower from Bt98bn. Shareholders’ equity was Bt37,656mn, declining 12% due to lower retained earnings. Current ratio stood at 0.43x, down from 0.46x in 4Q16. With improving EBITDA and

mainly comprising depreciation and amortization of Baht 278 Baht, financial costs of Baht 46 million, unrealized loss from FX and derivative of Baht 40 million, NRV of Baht 19 million, provision for

-4- 2. Financial Status (The Company and Subsidiaries)  Unit : Baht 1,000 Total Assets Total Liabilities and Shareholders' Equity 0.7% 0.7% 1,651,391 1,639,963 1,651,391 1,639,963 Current assets

Unit: million Baht 31 March 2019 31 December 2018 Fin an cia l St at us Total Liabilities 4,359 5,607 Total Asset 17,144 18,824 Total Equity 12,785 13,218 The Company’s Operating results during the

Total Equity 13,969 14,054  The Company posted net loss for the second quarter of 2018 amounted to THB 451 million which higher than last year quarter by THB 217 million mainly due to in last year

Total Equity 13,658 14,054  The Company posted net loss for the third quarter of 2018 amounted to THB 311 million which higher than last year quarter by THB 376 million mainly due to HRC selling price is

the provision for retirement benefits and past service cost in accordance to the Labor Protection Act, which was amended on the 5th April 2019, to include a requirement that an employee who is

, there was a provision for retirement benefits and past service cost in accordance to the Labor Protection Act, which was amended on 5th April 2019, to include a requirement that an employee who is

unearned franchise revenue will be recognized as revenue over the 5-year period) and the increase in the provision for long- term employee benefits and the provision for decommissioning. (Note: Unearned

a result of unearned revenue from initial franchise fee received in advance. (The unearned franchise revenue will be recognized as revenue over the 5-year period) and the increase in the provision for