revenue for HR Solutions. HR Solution suffered a dip of 5.84mb or -17.0% due to the recognition of a one-off license fee for a big project in Q1 2018. Financial Solutions registered a marginal increase in

(Cambodia) Co.,Ltd. In order to cut realized loss from operation of its subsidiaries and reduce its debt, UWC also considered to divest it’s investment in biomass powerplants resulting in reclassification of

Co.,Ltd. (Biogas Power Plant) and UWCC (Cambodia) Co.,Ltd. In order to reduce its debt and reshape its investment from less competency business such as Power Plant that cause longer period of repair

millio in equal to 4 solidated fina t, which was of 4.4 percen kably succes nd compare w rst quarter in second qua to be a net p on of the grou on the perfo of Profit and    me from debt others rvice

2018 primarily due to the US-China trade war and global uncertainty contributed negative impact on export growth. The growth of credit card business in Thailand continue expansion due to overall economic

ended 31 March 2020 2 | P a g e *Value may differ by one decimal point due to rounding Highlights 1/ One-time expenses in Q1/2019 were resulted from the employee retirement benefit (net after tax). 2

have to buy the high material cost which we had bought in advan cost is used up almost all in 2 nd and 3 Administration and selling expenses is decreased from last year due to the budget controlling

319.14x and debt to equity ratio increased to 0.25x from 0.18x. In respect of liquidity ratio, average trade receivable day deteriorated from 62 days to 74 days yoy. This was primarily due to more accrual

was 2.1:1, decreased from the debt-to-equity ratio as at 31 December 2018, which was 2.5: 1. The decrease was due to the decrease of current liabilities. 6 Liquidity Cash flows Unit: Million Baht 2019

units in 2018. Export volume dropped by 7.59% to 1,054,103 units, compared to 1,140,640 units in 2018 due to the trade war between China and USA that put pressure on the overall global economy and trade