Credit term and collection period The normal credit term granted by the Company ranges from 14 days to 120 days depending on the type of provided service and clients. For consumer business mainly mobile

and other countries travelling to Thailand. Not only that, it is a platform to create a new client base, generate higher income and profits to the group companies in the long term.  Construction Period

million to THB 3,570 million is appropriate and beneficial to the Company and its subsidiaries in the long term. In addition, it will enhance the group companies’ competitive edge in becoming the leader in

Million Baht or 37.04% from the previous year as the Group has more short-term borrowing for working capital during the period. 5. Share of profit from associates amounting to 0.35 Million Baht as during

0.1 Mn or 0.5%. This was mainly due to increased average balance of short-term borrowing over the 12-month period. Tax Expenses Income tax expense increased from THB 20.1 Mn in 2017 to THB 32.3 Mn in

to GSTEL by extending the period of unsecured short term loan to be used as temporary working capital in the business operation. Currently, GSTEL is in the process of obtaining loan facilities from the

Baht 46 million or 25.0% which was mainly from long-term loans from financial institution-net of current portion decreased amount of Baht 66 million from repayment during the period. Meanwhile

total liabilities consist of: o The Group has short-term loan to be used as working capital during the period increased by Baht 82.55 Million. o Trade and other payables total of Baht 263.14 Million

190.65 Million, or 45.16%, compared with last year. Due to revenue recognize during this period. o Long-term loans from banks decreased from the end of previous year total of Baht 19.32 Million, or 13.44

5.17 Million, or 0.52% compared 2018. Changing of total liabilities consist of: o The Group has short-term loan to be used as working capital during the period increased by Baht 179.78 Million. o Trade