total assets of Baht 1,487.60 Million. The changing of total assets as follows; Current assets; comprising of o Account receivable and other current receivables totaling of Baht 224.54 Million. Increased

THB 6,131 and THB 6,062 million, respectively, an increase of THB 70 million or 1.2%, mainly due to (1) an increase in account payables of THB 217, (2) an increase in deferred tax assets of THB 352

to 10.36636 billion THB. 4 As a result of the above reasons, the interest-bearing debt to equity ratio and the debt-to-equity ratio have increased from 0.82:1 to 0.91:1 and from 1.00:1 to 1.14:1 as of

% or THB 67mn from THB 641mn as of 31 March 2020, which was mainly from the provision for doubtful debt and cash received. The average collection period as at the end of this quarter was 107 days

debt level and severe competition in the real estate market, the Company is rated A- by Tris Rating Co., Ltd. The Company is, therefore, able to save costs from lower interest rate when raising funds

THB 155.82 million. Mainly due to decreased in allowance of doubtful debt by THB 11.72 million net offsetting with increased in roadshow and press conferences to investors by THB 3.1 million and

. Operating expenses also declined from effective cost management control. The Bank continued to prudently set aside additional provisions taking into account the economic slowdown and prolonged uncertainties

cash and cash equivalents and property, plant and equipment. The quality of assets Trade account receivables Unit: Million Baht Consolidated financial statements 31 December 2017 31 December 2016 Trade

market. In addition, there were records of the doubtful debt of the long trade receivables, the employee expenses such as bonus and the provision for penalty on project delay. Therefore, comparing the

times 4.81 4.82 4.70 Average collection period days 75 75 77 Inventory turnover times 4.42 4.78 4.90 Average inventory turnover odperi days 81 75 74 Account payable turnover times 5.66 5.69 5.49 Average