or 42% as compared to 2017. The Company recorded loss from the selling of asset with the total of 3,535 million Baht In 2018, the Company had a total finance cost of 810 million Baht, a decrease of 166

% as compared to 2017. The Company recorded loss from selling of asset with the total of 3,533 million Baht In 2018, the Company had a total finance cost of 810 million Baht, a decrease of 166 million

does not have any asset acquisition transaction from its operation in the past 6 months. The company is obliged to provide a report and disclose the information memorandum with respect to the entering

value of the Disposed Assets as appeared in the consolidated financial statement of the Company ended December 31, 2017 are Baht 128,904,265.17. (4) Size Calculation This transaction is deemed as the

financial statements of 2018 are as of 31 December 2018. Unit: THB 2016 2017 2018 Consolidated Statement of Financial Position Total assets 18,557,916,933.71 21,006,726,517.35 21,250,206,590.89 Total

transactions within the past 6 months, is equivalent to 16.65 percent that based on the value of total assets in consolidated financial statement ended December 31 st , 2017. This 16.65 percent transaction size

independent appraiser). Such transaction is considered as the related transaction and has the transaction size in 0.26% of the net tangible assets of the consolidated financial statements on 30 September 2018

method based on the review of consolidated financial statements ended 30 June 2019. The Company had not entered into any other acquisition transaction during the past six http://www.navanakorn.co.th

quality of assets Trade account receivables Unit: Million Baht Consolidated financial statements 30 September 2019 31 December 2018 Trade account receivables - unrelated parties 1,343 2,455 Less: Allowance

1 GLOCON.018/2020 May 15th, 2020 Subject Management’s discussion and analysis for 1st quarter of 2020 Attn. The President The Stock Exchange of Thailand Management’s analysis Consolidated Financial