result, the Corporate Group could not sell its products to the export market or through modern trade stores. In addition, the consumers have put off decision for purchasing new homes in housing projects

to increase sales by adding more distribution channels such as online, TV Home Shopping, participation in Trade Fair, B2B sales, etc. In the first quarter of 2018, other income increased by 23.5% YoY

by 6.26 % compared to last year. Total sales were Baht 2,020.63 million, decreased by 5.91% due to the economic trade wars that effected global market. The export customers were affected from currency

economics’ slowdown is expected to continue in 2Q19 since the negative impacts remain unsolved. The global economic is expected to be pressured from an uncertainty of the USA-China Trade War. New government

market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a

. As at September 30, 2017, trade and other payables of the Company and its subsidiaries was THB 1,135.16 million, increased in amount of THB 248.69 million or 28.05% increased from December 31, 2016

million, respectively. In addition, trade and other receivables were increased at 10.49 MB mainly from accounts receivable of subsidiaries which are not yet due and payable within 90 days, amounting to Baht

million baht 1,247 1,247 1,247 ratios Key financial Liquidity ratios Current ratio times 3.09 3.14 3.31 Quick ratio times 2.35 2.47 2.67 Cash ratio times 0.37 0.45 0.68 Receivable turnover times 4.71 4.67

suppliers and contractors for the same. The ordering of the gear was under process with a lead time of 14 months offered from the supplier. However, with quick actioning of the contingency plan by the

of previous year. This was due to (1) Drop of loss on exchange rate of THB 13.90 million due to the fact that the Thai Baht value depreciated against US Dollar and the Company had the foreign trade