) 14,986 19,891 Unit: million Baht 30 June 2020 31 December 2019 Fi na nc ia l St at us Total Liabilities 2,406 2,194 Total Asset 15,195 15,488 Total Equity 12,789 13,294 2. Changes in Accounting Estimates
redemptions of investment units; “Management company” means any securities company licensed to undertake securities business in the category of mutual fund management; “Training institute” means Thailand
of time exceeding two years on the date of submission of the application, such applicant (Translation) - 3 - shall complete such knowledge training courses administered by an association or a training
management of the Association of Securities Companies; (14) “group company” means: (a) a company which holds twenty percent or more of the total shares with voting rights of the financial advisor; (b) a
to the same period of the previous year resulted from the fall in overall sales revenue of the Company with the exception of facial cleansers and gift sets which grew at a rate of 6.70% and 50.72
business and expand the overall market in the future. Financial Position Balance Sheet Balance Sheet Breakdown As of 30 June 2019, the Company had total assets of THB 22,739 million, a decrease of THB 717
the overall costs down. The Company’s total SG&A decreased by THB 363 million or -21.4% YoY to THB 1,336 million in Q4’18 which mostly due to the absence of various non-recurring expenses booked under
business), i.e., disposing ordinary shares of NU of 30,599,999 shares, equivalent to 90 percent of the total NU shares to Chirasak Chiyachantana Ph.D. Asso.Prof. at an approximate price of Baht 8.3824 per
understand the Company and its subsidiaries’ 2018 audited financial statements. An Analysis of Performance * Analysis of Income The Company and its subsidiaries recorded the total revenue of 20,171 MTHB of