%) Other non-current liabilities 274 276 (1%) Non-current Liabilities 925 932 (1%) Total Liabilities 3,359 3,450 (3%) Authorized share capital 140 140 0.0% Issued and fully paid-up share capital 140 140 0.0

to approve the cash dividend payment from the operating results of 2H 2017 of THB 0.018 per share (totaling THB 62mn). The total 2017 dividend payout was THB 122mn. The dividend was paid to

and cash equivalents was THB 2,632mn, an increase of 247.5% or THB 1,874mn. Cash from operating activities was THB 746mn, increasing by 6.0% or THB 42mn. After deducting cash paid for corporate income

, representing 100% of the paid-up capital from the existing shareholders amount of Baht 35 million and provide financial assistance to WOG ITR of Baht 265 million (after becoming a subsidiary) to pay the

after 1 January 2019. The Group chooses retrospectively adjusts in the period of initial application. The adjustments are described below; 1)  Commission paid to obtain a contract - the Group has

non-current liabilities 263 276 (5%) Non-current Liabilities 847 932 (9%) Total Liabilities 3,203 3,508 (9%) Authorized share capital 140 140 0.0% Issued and fully paid-up share capital 140 140 0.0

(432.06) (14.96) Total shareholders' equity (1,983.26) (1,912.52) (70.74) 3.70 Book value - baht per share (0.64) (0.61) (0.03) 8.20 Note: Value of registered and paid-up shares at 1 baht per share

is paid at 25 percent of the registered capital. Management Discussion and Analysis For the 1st Quarter Ended 31 March, 2020 Page 5 2. Operation performance according to consolidated financial

percentage of the Company, and PRE in PP1 and PP3 which are 51.00 percent and 51.28 percent of the paid-up shares of PP1 and PP3, respectively). b. Disposition of land that is jointly owned by PP1, Pace

million. The Company and its subsidiaries have the net cash used in investing activities in the amount of THB 351 million as a result cash paid for purchasing fixed assets, intangible assets, and leasehold