of November 2017 and expect to go on until the 2nd quarter of 2018 unless there is the progress of the said rehabilitation plan. 2. Business Outlook on Q1/2018 Management’s Discussion and Analysis (MD

129.4 42.6 86.8 203.8 Current portion of lease liabilities 9.7 - 9.7 100.0 Advances received from customers 465.8 544.5 (78.7) (14.5) Provision for penalty on projects delay 78.8 115.5 (36.7) (31.8

1) trade and other receivables of THB 67mn, which was mainly offset by an increase in 2) advances to contractors of THB 34mn. Total non-current assets stood at THB 6,870mn, decreasing by 1.4% or THB

shareholders’ equity Current liabilities Short-term bank borrowings - 59.18 (59.18) (100.00%) Trade and other payables 299.18 346.27 (47.09) (13.60%) Advances received from employers and construction revenue

payables 361.14 346.27 14.87 4.29% Advances received from employers and construction revenue received in advance 267.67 385.02 (117.35) (30.48%) Current portion of long-term bank borrowings 38.64 38.64

, high level of capacity availability, and significant advances in the consistency of our products. Parallel a shift is taking place in the corporate culture, that our improved health and safety record

was the construction in progress for Carnival Magic project., animals and plants of Baht 55.62 million much of the purchase of animals. Cash and cash equivalents decreased of Baht 106.87 million

Anti- Dumping and Countervailing of Foreign Products Act, we are expecting improvement in the sentiments from Q4 onwards. Performance Revenue from sale and cost of sale Total revenue from sales of the

507mn, while adjusted EBITDA increased significantly by 50.3% YoY from THB 361mn to THB 542mn. Interest expense decreased by THB 8mn from THB 23mn to THB 15mn in 1Q 2018/19. Given the further improvement

detailed; 1. Overdrafts and Short-term loans from financial institutions increased Baht 815.4 million. 2. Trade and other payable decreased Baht 209.2 million. 3. Advances received from customers increased