further BOI tax optimization. Net income was slightly down year-on-year given the higher depreciation and financing cost, despite the improvement in EBITDA 3.2. Assets, Liabilities & Shareholders’ Equity

39.34 million from annual depreciation and divestment of assets. As a result, the Group’s total assets stood at THB 3,199.56 million, down by THB 71.58 million or 2% compared to the same period of last

of Information and Procedures of Listed Companies on Connected Transaction B.E 2546 (2003). This transaction relating to assets or services Value of connected transaction : The total price of Baht 11

Thailand regarding Disclosure of Information and Procedures of Listed Companies on Connected Transaction B.E 2546 (2003). This transaction relating to assets or services Value of connected transaction : The

million, a increase profit of 753%. Excluding, the reversal of impairment loss of assets of Baht 486.70 million, the group incurred a net loss for the six-month period ended 30 June 2019 of Baht 42.22

. Total assets increased 150,182,697 baht compared to the last year due from the initial public offer of the new issued shares and the Company has not yet invested as declare in prospectus. The Company has

from normal business operation. 2. Financial position (Unit : 1,000 Bath) As of 30 June 2019 As of 31 December 2018 Increased (decreased) Total assets 1,211,560 1,082,750 128,810 Total liabilities

constant for the rest of 2019. Income tax expense has decreased due to the lower net result. Net income was down significantly due to the reduced revenues and increased finance cost. 3.2. Assets, Liabilities

Limited and its subsidiaries (“the Company”) would like to clarify herewith the operating result for Quarter 1 ended 31 March 2018 as follows:- Financial Position As at 31 March 2018, total assets of

costs and lower EBIT as depreciation also increased by 3.7mTHB. 3.2. Assets, Liabilities & Shareholders’ Equity The main contributors to the increase in total assets are from an increase in property