results based on its audited consolidated financial statements ended 31 December 2018 as follows. Management’s Discussion and Analysis The following Management's Discussion and Analysis should be read in
of Baht 76.29 million in Cash and Cash Equivalents as of 31 December 2018 versus Baht 70.16 million as of 31 December 2017. Short-term investments increased to Baht 294.11 million from Baht 211.85
was the decrease in cash and cash equivalents to pay dividends during the year amount of Baht 45.95 million. As at 31 December 2019, the consolidated liabilities of the Company and its subsidiary
of Thai Baht 402.09 million, a decrease from Thai Baht 458.21 million as of 31 December 2018. The variance is due to a net decrease of Thai Baht 294.11 million in Cash and Cash Equivalents as of 31
31 December 2016, the Group has the allowance for doubtful accounts, amounting to Baht 50 million and Baht 42 million, respectively. The Group’s policy on allowance for doubtful accounts is based on
2Q2017 due to cash received from doubtful debts, compared to the provision of bad debts and doubtful accounts of Baht 2 million in 2Q2016. The six months of 2017/2016 1. The Company’s interest income on
2016, since in 2017, the Company received large-scale projects that delayed from previous auctions such as internet for village project or internet for public domain, which is a high value project but
was 62.0 million baht due to the company has been considered the recoverable amount based on cash flow projection form financial budgets of subsidiary company. Loss on impairment of equipment and
exchange; (b) containing no provisions that permit one party having the obligation to deliver goods to settle by cash or set-off with the other party in lieu of the delivery of goods ; and (c) the customary