366 million. Management’s Discussion and Analysis (MD&A) For Q1/2018 13 Appendix Unit : Million Baht 1st Quarter 2018 1st Quarter 2017 % Increase (Decrease) Income Revenue from sale of goods 8,117 3,526

City reported total interest-bearing debt of THB 17,549mn, a decrease of 2.7% or THB 479mn from the balance as of 31 December 2017, mainly due to the repayment of bank overdrafts. Net interest-bearing

Status Management’s Discussion and Analysis (MD&A) For Q2/2018 12 Appendix Unit : Million Baht 2nd Quarter 2018 2nd Quarter 2017 % Increase (Decrease) Income Revenue from sale of goods 7,815 3,276 139

paid 21,203 Sale of equipment 89 Lease liability payments 8,858 Dividend received 15 Repayment of ST & LT borrowings 13,541 Income tax paid 5,275 Finance cost paid 2,498 Cash decrease 7,080 Others 71

. Revenue from sale of industrial equipment dropped by 28.58% QoQ due to decrease in demand on products in the quarter. Other revenues comprise of revenue from machinery rental, revenue from sale of scrap and

Position as of June 30, 2019 The consolidated total assets as of 30 June 2019 decreased by 5% yoy. The decrease was mainly attributable to cash spending on annual capital expenditure and loan repayment as

Company has a total equity of Baht 36,523 million, decreased from 2019 by Baht 543 million or 1. 5% . Such change was mainly due to a decrease in Retained earnings, dividend payment to shareholders, and the

% QoQ. The decrease was mainly due to selling and marketing expenses, personnel expenses, and rental in term of TFRS 16. Moreover, the Company efficiently controlled and managed expenses of existing

Baht 36,523 million, decreased from 2019 by Baht 543 million or 1. 5% . Such change was mainly due to a decrease in Retained earnings, dividend payment to shareholders, and the effect of initial adoption

waste tends to decrease. The company expects that the waste sent to the company will be lessen during the second to third quarter of 2020 around 15-20 percent reduction. Presumably, the waste situation