loans from packing credit and letter of credit, 52 million increase in trade payables and other payables of buying raw material for manufacturing, and Baht 17 million increase in long-term loans from

pipe. Now the Company is the leader for Pre-zinc structural pipe and be the one who determines in developing value-added products and extends the market for co-related business particularly in the way to

1 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 Management Discussion and Analysis 2019 2 March 2020 KEY EVENT IN 2019 In 2019, UWC announced a corporate restructuring, which featured in changing in many

1 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 Management Discussion and Analysis 2019 < Translation> 2 March 2020 KEY EVENT IN 2019 In 2019, UWC announced a corporate restructuring, which featured in

million baht or 4.47 % compared to as at December 31, 2019 which derived from cash and cash equivalents of 14.45 million baht, an increase in trade and other receivables of 8.55 million baht, assets usage

in trade receivables. Due to increased income and the company has asset usage rights list into the financial statements this year According to the financial reporting standard no. 1 6 , therefore made

both local subsidiaries and foreign subsidiaries, and repayment for long term borrowing. Increased in trade and other receivables of THB 52.88 million, due to the increase in sales and prepayment for raw

period ended June 30, 2020, resulted in increase in total comprehensive income of Baht 59.64 million or 283.00% from the corresponding period of the previous year as the following details below: 1. Revenue

% comparing with December 31, 2019 due to 1. A decrease in inventories at amount of Baht 85 million which was due to better stock movement. 2. A decrease in trade accounts receivable and retention receivable at

been affected in accordance with the economies of major trading partners and the declining global trade volumes. This has begun to have further effects across all sectors, especially to domestic demand