44.5 Total assets 1,281.9 100.0 1,014.7 100.0 31 December 2017 30 June 2018 1. Current assets The company’s current assets as of year-end of 2017 and Q2/2018 was THB 1,026.4 MB and THB 562.8 MB

the Company during the end of the previous year. Administrative Expense In the 2nd quarter of 2018, the administrative expense was in the amount of Baht 28.43 million or 20.12% of the total income of

year-end of 2017 and Q3/2018 was THB 1,026.4 MB and THB 512.5 MB respectively, equivalent to 80.1% and 51.6% of total assets. The company current assets as of year-end of 2017 and Q3/2018 was cash and

investment value of the project (as of the end of September 2019). The construction of Carnival Magic Project is based on the method of design & build, which is commonly used in the construction of world class

end of 2019. The Board of Directors have considered and agreed that the revised investment cost is under the same project as ratified by the shareholders in the Extraordinary Meeting of Shareholders No

(37.44) (25.27) Total shareholders’ equity 290.04 72.38 296.99 66.72 (6.95) (2.34) Assets At the end of 2019, SAAM Group presented total assets of THB 400.73 million, mainly comprising property, plant and

% 445.12 100.00% (21.44) 4.82% Total liabilities 122.41 28.89% 148.13 33.28% (25.72) 17.36% Total shareholders’ equity 301.27 71.11% 296.99 66.72% 4.28 1.44% Assets At the end of Quarter 1 of 2019, the SAAM

296.99 66.72 2.39 0.80 Assets At the end of Quarter 2 of 2019, the SAAM Group presented total assets of THB 416.93 million, mainly comprising property, plant and equipment (PPE) including solar power

) 104.10% EBITDA 23.99 (285.67) 108.40% Net Profit (Loss) (317.93) (826.32) 61.52% Profitability For Year End + (-) For Year End 3 | MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR 2020 Major revenue of The

) (8.51) Total liabilities 113.90 27.97 148.13 33.28 (34.24) (23.11) Total shareholders’ equity 293.35 72.03 296.99 66.72 (3.65) (1.23) Assets At the end of Quarter 3 of 2019, the SAAM Group presented total