Increase (Decrease) % Net Assets 6,229,084 5,820,498 408,586 7.02 Net Liabilities 1,365,378 999,424 365,954 36.62 Shareholders’ equity 4,863,706 4,821,074 42,632 0.89 Assets As at December 31, 2017, the

baht is an increase of 10.00 million baht or 7.18% y-o-y. Total shareholders’ equity of 519.18 million baht is a decrease of 32.84 million baht or 5.95% y-o-y. Cash, cash equivalents, and short-term

2017 Change Reason Liquidity Ratio (x) 5.28 6.80 (1.52) The increase in accounts payable and other payable. Quick Ratio (x) 1.88 3.47 (1.59) Return on Equity (%) 3.19 5.83 (2.64) The decrease in 9M18 net

: Thousand Baht) Items 30 September 2019 31 December 2018 Increase (Decrease) % Net Assets 6,143,748 6,724,090 (580,342) (8.63) Net Liabilities 2,085,840 2,078,079 7,761 0.37 Shareholders’ equity 4,057,909

The Company’s shareholders equity as of the year 2019 and 2018 amounted to THB 752.8 MB and THB 757.2 MB respectively. A decrease in shareholder’s equity amount to THB 4.4 MB from the dividend payment

increase in accounts payable. Quick Ratio (x) 2.62 3.47 (0.85) Return on Equity (%) 4.27 5.83 (1.56) The decrease in 1H18 net profit. Debt-to-Equity Ratio (x) 0.10 0.09 0.01 Slightly increase from

) Return on Equity (%) 1.96 5.83 (3.87) The decrease in YE18 net profit. Debt-to-Equity Ratio (x) 0.20 0.09 0.11 The increase in accounts payable, other payable and long-term loan. For more information

follows: Unit : million baht Statement of financial 31 Dec 2019 31 Dec 2018 Increase (Decrease) Percentage Asset 1,573.57 1,419.80 153.77 10.38 Liabilities 686.97 462.61 224.36 48.50 Shareholders 'Equity

loss Baht 89. 93 million resulting in a decrease in shareholders’ equity. Yours sincerely, General Engineering Public Company Limited (Mr. Wuttichai Sresthabutra) Director

decrease for long term loan in year 2020 due to gradually paying off some balance of debt from the finance institution. Shareholder’s equity The Company’s shareholders equity as of the year 2019 and Q1 /2020