of USD 20 million or equivalent to THB 623.12 million. This short-term loan will increase liquidity and support the Company business in order to procure raw material, metal scraps from overseas for the

joint ventures both in Thailand and overseas. Q1/2019 Net Profit The Company and its subsidiaries recorded net loss of Baht 52 million, a decrease from net profit of Baht 9 million in Q1/2018, mainly due

16 million, an increase of 32% YoY due to higher borrowings as a result of investments in machinery, subsidiaries, and joint ventures both in Thailand and overseas. Q1/2019 Net Profit The Company and

12.94 million, which provided services to overseas customers same as previous year. 4. Other income The Company and its subsidiaries’ other income consist of Rental storage tanks , sales of scrap

purchase sales from overseas business grew by 10% y-y. In second quarter of 2018, the Company had hire purchase revenue 99 million baht, increased by 5% y-y and 9% q-q. This was mainly contributed by auto

this year, consequently, there was expenses related to the overseas travelling and other administration fees and (4) Decrease in tax and penalties due to the Company incurred tax and penalties provision

obsolescence due to efficient management as well as other expenses related to sales such as distribution costs, whereas the increase of advertising and promotion expense, the foreign exchange loss and expense

sales decreased by 1.26 percent for the consolidated financial statements. This was caused by the 2nd quarter; the Company has begun to resume the orders for furniture from overseas customers increased

foreign trade receivables about USD 24.11 million. Financial Costs For the year ended 31 December 2019, the Company had financial costs in total of THB 94.72 million, an increase of THB 27.35 million or

or 3.32% increase from the same period of the previous year (Quarter 3 of 2019: THB 55.13 million) mainly due to the increase in unrealized gain from foreign exchange following exchange rate