, 2018, the company had total assets of THB 12,842 million, decreased from Dec 31, 2017 by THB 1,693 million due to reasons as follow: - a decrease from current assets of THB 1,982 million, which was

the plant expansion to support overseas franchise and the opening of new 3 branches in Thailand. • Other non-current assets increased by THB 335 million mainly due to the recognition of right-of-use

below the target mainly due to on-going cautious household spending due to high household debts and slow economic recovery. Furthermore, the number of restaurants continued to increase from both existing

equity holders of the Company (367.7) (152.8) (214.9) (141%) Revenue Revenue from Sales year 2017 was 1,178.2 MB increased by 244.7 MB or 26% y-o-y due to explain in each business segment summary as

years ending 31 December 2016 and 2017, total revenue increased from THB 2,181.9 Mn to THB 2,515.2 Mn respectively. This was an increase of THB 333.3 Mn or 15.3% and was mainly due to the increased

45.4 MB or 42% y-o-y, due to the last year the Company had gain for disposal of assets 16.7 MB and gain on temporary investment 8.0 MB while the current year has no gain on disposal assets and also had

35.33 million. Other non- current assets increased Baht 46.52 million largely from the deposit from purchase of fixed assets especially for new plant of Panjawatana (Jiangsu) Plastic Co., Ltd, the

, decreased by THB 56 million or 37.6%, mainly due to the downgrading status of CFC sponsorship from Principal partner to Global partner in July 2019, resulting in a reduction in the CFC fee. Under the current

Status Management’s Discussion and Analysis (MD&A) For Q2/2017 GSteel 12 increased in current assets mainly derived from the increasing in inventory due to the Company has the higher stock of HRC coils

payable decreased Baht 127.47 million 3. Long-term loans and liabilities under long-term lease agreements, net of current portion decreased Baht 63.69 million due to repayment loan to financial institution