which decrease the annual dividend payment in Q2–2019. Sincerely yours, (Ms. Sarin Chandranipapongse) Company Secretary Authorized signature on behalf of the Company

Interest-bearing Debt to Equity decreased slightly from 0.25 to 0.24 times as a result of lower debts and lower equity after the annual dividend payment in the second quarter of 2019. Shareholders' Equity As

associated company of 10.73 million baht from less operating profit results of associated companies with a decreased in property, plant and equipment at 9.99 million baht due to the annual depreciation

from overall F&B business is not less than THB 100mn in 2018. On Financial strength and cash flow, the Company recently get approved from 2018 Annual General Meeting of Shareholders to maintain debenture

decrease of 149.3 MB from the date of December 31, 2017, which was equal to 2,871.5 MB, representing decrease of 5.2%. This is because the Company had paid the annual dividend payment in Q2–2018, which

31, 2017, which was equal to 2,871.5 MB, representing decrease of 5.9%. This is because the Company had paid the annual dividend payment in Q2–2018 and the interim dividend payment in Q3–2018 which

Syndicate Public Company Limited (the “Company”) and its subsidiaries hereby submit the Annual Financial Statements, ending September 30, 2018 and 2017, together with the clarification of the performance of

330.21 Finance Cost (5,577) (1,493) (4,084) 273.54 Profit (loss) before Income Tax 15,929 3,506 12,423 354.34 Income Tax Expense (10,495) - (10,495) 100.00 Annual Net Loss 5,434 3,506 1,928 54.99

, plant and equipment at 16.77 million baht due to the annual depreciation calculation. 2. Total liability, the company had total liability as of September 30, 2019 at 88.68 million bath decrease from

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