and cash equivalent 1,554.7 1,286.2 268.5 20.9 Trade receivables 1,526.6 2,297.0 (770.4) (33.5) Unbilled receivables 544.2 434.2 110.0 25.3 -3- Assets Items that has significant changes Balance by

E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business sector remained challenged by new modes of competition in a broader marketplace amid the advancing digi...

, this cooperation will be part of the Company’s CSR project to enhance football skill for the youths in Thailand. (March 2018) 6. The Company has been developing innovative systems and new technology to

growth from baht appreciation and world-trade sluggish. However, the Thai economy is attributed mainly by number of factors, namely 1.) growth in private consumption continues despite a lower rate of

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

EPS of Baht 0.85, compared to Baht 1.08 in Q1-17. Highlights on Financial Position Unit : Million Baht 31 Mar 18 31 Dec 17 %Change Cash and Cash equivalents 17,833 17,320 3.0 Trade and other receivables

trade accounts receivable and inventory. As a result of the discussed factors, our profit for three-month period of 2018 was Baht 24.2 million versus Baht 29.4 million in Q1/2017 or equivalent to 17.57

Company has raised fund from SET whereas , during 2017, the Company has spent this fund on debt repayment as well as renovation and expansion projects. However, the Company’s trade receivable Financial

building renovation while other asset mostly increased from deferred tax which added by THB 26.6 million stemming from the recognition of tax shield as aforementioned. Additionally, the Company’s trade

% decreased from Baht 4.0 million of Q2/2017. This was due to lower short term loan requirement during the quarter resulting from the lower of both average trade accounts receivable and inventory. As a result