increase in the transfer of ownership. Total Liabilities As of December 31, 2018 the company and its subsidiaries’ has total liabilities of THB 1,663.99 million, decreased from the amount as of December 31

December 31, 2018 was 776.72 million baht compared to December 31, 2017 which was 856.60 million baht. Because liabilities was decreased. - Total liabilities at December 31, 2018 was 586.22 million baht

painting factory. In addition, there was addition of advance payment for project assets of Baht 5.43 million. As at 31 March 2019, the consolidated liabilities of the Company and its subsidiary decreased by

. Due to the cost of land development to be the cost of selling goods. 3 Total Liabilities As of March 31, 2019, the company and its subsidiaries’ has total liabilities of Baht 1,530.82 million, decreased

there was reserved cash for promissory note due and increasing raw material stock for Q2/2019. Liabilities As of 31 March 2019, the company reported total Liabilities of Baht 1,342.4 million, decreased

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

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

some of it came from payment of fixed assets. As of 31 March 2018 the Company had consolidated liabilities that increased from last year by Baht 7.58 million compared with last year mainly from an

decreased from as of December 31, 2017. The major reason is inventories decreased because effective ownership transferring was increased. Total Liabilities As of March 31, 2018, the company and its

% (38) -2.8% Non-current assets 2,912.13 68.4% 2,720.71 67.5% (191) -6.6% Total assets 4,260.45 100.0% 4,030.75 100.0% (230) -5.4% Current liabilities 2,492.76 58.5% 2,451.35 60.8% (41) -1.7% Non-current