and according to target. In 2019, Thai economy has decelerated with GDP reported at 2.4% decreased from 4.1% in 2018 as a result of declining in export growth and Baht appreciation. The world-trade
2018. This was a result of a decline in merchandise exports owing to the economic slowdown of trading partners affected by trade protectionism and the impact of structural changes in the manufacturing
that, according to the Financial Statements for the 3 months Q3/2017 period, as ended on September 30, 2017, the Company and Subsidiary Companies achieved Total Net Profit of Baht 368.5 million, an
of 58% YoY. Page 8 4. Financial Position of the Company and its Subsidiaries (Unit: Baht Million) 30 June 2018 31 December 2017 % Change Cash and cash equivalents 134 100 +33% Trade receivables 729 781
and according to target. In 3Q19, growth in the Thai economy decelerated primarily driven by a decline in export growth from world-trade sluggish effecting from Trade War. However, the Thai economy is
the second portion of the Sale Shares, in addition to being subject to the Share Purchase Conditions, are also subject to that any of S-TREK’s audited financial statements for 12-month period ending on
complaints, as detailed in Chapter 8; (8) approval of rules or regulations, as detailed in Chapter 9; (9) preparation and disclosure of financial statements, as detailed in Chapter 10; (10) retention of
105 Branches 6 6 Corporate Business Center 8 8 Representative Offices 9 9 SME Business Center 2) 121 121 Electronic Banking Services Number of Units International Trade Service Center 58 58 Jun. 2017
Cash 19,637 6.8% 18,421 5.3% Interest-bearing debt to equity (times) 1.4 1.6 1.3 ST investment 1,989 0.7% 1,921 0.5% Net debt to equity (times) 1.0 1.3 1.0 Trade receivable 16,277 5.6% 16,579 4.7% Net