showed that the Company managed inventory appropriately. Liability As at December 31, 2019, total liabilities of the Company and its subsidiaries was THB 5,205. 05 million comprising of current liabilities

% This was because the Company’s cash collection improvement. In the first quarter of 2019, the cash collection was 708 million Baht which is close to the cash collection in Q4/2018. 2. Income from debt

profit before expenses of THB 7.21 million and when deducting the total cost of THB 32.57 million which were administrative expenses of THB 11.97 million, doubtful debt of THB 0.99 million, loss from

123.60 million which were administrative expenses of THB 22.96 million, doubtful debt of THB 63.99 million, loss from impairment of investment in associates of THB 0.01 million, management benefit expenses

101 million due to the obligation is highly probable. However, the Company is considering to file a notice of appeal to the Court of Appeal for Specialized Cases regarding the relevant taxable expense

31.82 million bath or 15.69% decreased due to the main reason that the company has completely paid off foreign debt on September 20, 2019 with the amount of 24.62 million baht. Result in reserve cash

of January 31, 2017 is due to reducing in retain earnings of which used for clearing the internal debt between CRSB and FKRMM. 2) Transaction’s size based on net operating profits Net operating profits

started from this quarter. - Restaurant business decreased THB 17.59 million, down 11% compared to the same period of last year mostly from the decline in household spending and closure of 14 non-profitable

Public Company Limited (“NEWS”), an existing shareholder of GNET, at the price of Baht 865.30 per share, which the total price is 164,403,759.95 Baht and the obligation to repay accrued debt together with

previous year as the revenue recognition on progress measurement method towards complete satisfaction of the performance obligation on construction service contract that has continuously awarded since 2018