basis net income rose 19%. 3.2. Assets, Liabilities & Shareholders’ Equity Similar to comments made in Q3 the main contributors to the increase in total assets are from an increase in property, plant and

Total Liabilities 4,806 5,871 Total Asset 17,482 17,813 F in an ci al S ta tu s Total Equity 12,676 11,942 • The Company posted net loss in 2nd quarter of year 2017 amounted to THB 233 million which was

88.12 million. Management Discussion and Analysis For the Year Ended December 31, 2017 Page 10 3.3 Analysis of Equity As at December 31, 2017, equity was Baht 63,281.18 million, increasing by Baht 828.41

46,154 46,319 43,763 Total liabilities million baht 13,680 14,428 13,205 equity’ Total shareholders million baht 32,474 31,891 30,558 Registered capital million baht 1,259 1,259 1,259 up capital-Paid

2,093 Unit: million Baht 31 December 2018 31 December 2017 Fin an cia l St at us Total Liabilities 5,607 5,492 Total Asset 18,824 19,546 Total Equity 13,218 14,054  The Company posted net loss for the

) 886 2,093 Unit: million Baht 31 December 2018 31 December 2017 Fi na nc ia l St at us Total Liabilities 5,607 5,492 Total Asset 18,824 19,546 Total Equity 13,218 14,054 • The Company posted net loss for

on a material basis. The frequency of the reappraisal depends upon the changes in the fair values of the assets. The change in the aforementioned accounting policy will have impact on the assets

./Ton) 831 482 Unit: million Baht 30 September 2019 31 December 2018 F in a n ci a l S ta tu s Total Liabilities 2,593 5,607 Total Asset 16,303 18,824 Total Equity 13,710 13,218 The Company posted an

, the Company recorded dividend income in the amount of THB 540.27 million. Management Discussion and Analysis For the 1st Quarter Ended 31 March, 2020 Page 9 3.2 Analysis of liabilities and equity As at

% 30.1 25.1% Net Profit attributed to Equity Shareholders 118.3 4.3% 104.8 3.9% -13.5 -11.4% Revenues Analysis The Company’s total revenue for the first quarter of 2020 was 2,664.4 million Baht which was a