in 2019 was not much different from those of 2018 as they were in term of short-term liabilities. The major liabilities were short-term loans from financial institutions, bank overdrafts, and trade
of Directors’ Meeting for entering into such transaction, the directors who have the conflict of interest as stated in No.5 did not attend and vote in such agenda. 7. Opinion of the Board of Directors
grew continuously and was able to add a significant gross profit to the Group. For this quarter, the proportion of profit margin contributed by this business was 30.3% of total gross profit (not
year; even though HM was not affected by the overall economy as much as the related companies in other segments. However, because HM partly manufactures its products to support the Company, when the
subsidiary of the Company. However, the Company still not consolidated net profit from JP Insurance in Q1/2018 but in Q2/2018. After share acquisition in JP Insurance, as a subsidiary, JP Insurance was
shares of the project. Currently, the project is under construction and has not been starting commercial yet. The Company realized loss sharing from the 1st Quarter 2018 amounted to Baht 3.37 million. As
1.27 times as of the end of prior year. Still, the ratio did not exceed 3.00 times, which is the covenant for bank loans and debentures. Please be informed accordingly Sincerely yours (Mr. Prasert
branches will not be less than Baht 17 million per year for a period of 10 years. As Wuttisak clinic recognize gain on sale asset from franchise agreement, this results net profit of Baht 191 million or
of GC’s funds in 2018 was not much different from those of 2017 as they were in term of short-term liabilities. The major liabilities were short- term loans from financial institutions, bank overdrafts
other payables, mainly the not-yet-due payables for raw materials and packaging ordered from various distributors for use in production of a large volume of products to meet the increased orders from