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

receivable decreased 10.2 million baht. The receivable was mainly from the decreased of the other receivable amounted 12.3 million baht. (1.2) Non-Current Assets As at September 30, 2017 non-current assets

receivable has increased in line with revenue increase. Liabilities as of 31 December 2017 substantially decreased mainly from the repayment of debt owed to financial institutions. The repayment was from IPO

% performed against last year. 3. Financial status analysis Unit: million baht Detail 2020 2019 diff % Total assets 8,128 11,741 (3,613) -31% Trade and other receivable 249 198 51 26% Inventories 276 291 (15

was 4.24 million baht. It decreased 1.63 million baht or equivalent to 27.78 % compared to the same period last year by gaining from dividend, interest receivable, rent and compensation. The financial

the risk of nonperformance to the sale and purchase agreement as NMG is required to repay a partial amount of the account receivable to NBC within seven business days as from the date when NMG has

Gross profit 1 (%) 55.1% 58.2% Current ratio (times) 2.0 1.4 Operating EBITDA (%) 23.5% 37.3% Quick ratio6 (times) 2.0 1.4 Net profit (from operation) (%) 14.1% 24.3% Account receivable turnover (times

profit from related technology business, the higher administrative expenses i.e. doubtful accounts - trade and other receivables, impairment loss on assets and the higher finance cost. As a result, overall

-17 Assets Cash and current investments 5,713 7,015 (19)% Trade accounts receivable 37,637 32,098 17% Inventories 70,085 46,036 52% Other current assets 10,850 7,803 39% Total current assets 124,284

revenue recognition. The transaction does not affect the Company’s cash flow. • In 2Q20, The Company recognized receivable from financial lease amount THB 321 mn which recognized in investment income until