from the first quarter of 2017, which were 1.14 times and 1.25 times, respectively, due to the lower sale. Meanwhile the collection period increased from 72 days to 79 days. For the debtors who may have

higher freight cost from higher sales volume in CNF incoterm. However, selling expenses of 3rd quarter of 2018 slightly decreased 0.23 percent from the same period of last year, mainly caused by lower

, not lower than the specified ratio.          ** Subordinated debt refers to liabilities for which the rights of creditors are subordinated to those of general creditors. Such debt is unsecured and

, if the business acquisition transaction is not executed, the loan money will be due for repayment to W within 31 December 2020.  W’s Board of Directors and the Audit Committee view that the aforesaid

, if the business acquisition transaction is not executed, the loan money will be due for repayment to W within 31 December 2020.W’s Board of Directors and the Audit Committee view that the aforesaid

Information Transmission System (SETLink) that it would not default on the repayment of its second series of bonds totaling 319.50 million baht, which was due for redemption on 2 August 2019, and that the

lower than ROH’s average financial cost, resulting in losses to ROH from the loan transactions. In addition, the approval process for the loans was inappropriate, as no analysis of the financial cost

impact and one-time loss items, normalized total revenue and share of profit from investments in associates decreased by 1.7%, mainly from lower land transfer. Notwithstanding, the Company had a large

cash equivalents remaining from the proceeds of initial public offering after deducting the repayment of loans from commercial banks. Liabilities As of 31 December 2018, and 31 March 2019, the Group had

, repayment to loans, and dividend paid. 2. Liabilities As of 31 December 2019, the Company’s liabilities totaled Baht 247.15 million, decreased by Baht 45.42 million from 2018 as a result of paying to