Mr. Suthisak Lohsawat Mr. Suthisak Lohsawat, former director and chief executive officer of Agro Industrial Machinery Plc. (AMAC) (Presently Max Metal Corporation Plc. (MAX)), together with Mr. Mana

Mrs. Darunee Phu-ngoen Mrs. Darunee Phu-ngoen (or Darunee Jaihant), personal assistant to Mr. Suthisak Lohsawat, former director and chief executive officer of Agro Industrial Machinery Plc. (AMAC

baht or 4.88%, from the year 2017, due to the lower sale volume and debt settlement during the period. The Company has no any problem for getting a debt settlement. For some debtors were overdue with

increased compared to the last quarter of last year. However, most of these accounts receivable are not overdue. Other receivables increased Baht 32.41 million mainly from the deposit payment for mold of new

account receivables in amount of 23.8 Mb. However, in 2019 the company have appointed a new distributor in Cambodia using cash basic Payment to avoid long overdue outstanding receivable or allowance of bad

Quarter 2 compared to the last quarter of last year. However, these accounts receivable are not overdue. In addition, total assets increased by Baht 32.6 million from net equipment due to the purchase of

compared to the last quarter of last year. However, most of these accounts receivable are not overdue. Other receivables increased Baht 47.83 million mainly from deposit paid for mold of new model in

of 112.44 Million Baht, more account payables and other payables of 74.08 Million Baht (more external trade account payables of 64.04 Million Baht) more overdue expenses of 35.81 Million Baht, decrease

overdue debt. During the period 2020, the Company has adopted revised TFRS and new TFRS which are effective for the accounting, and the Company has set aside loss on devaluation of obsolete inventories so

17,286 million. Debt to Equity Ratio (D/E) and Interest Bearing Debt to Equity Ratio (IBD/E) represented at 1.59 and 1.42, respectively. Yours faithfully, Mr.Chamroon Chinthammit Chief Executive Officer