shall be paid monthly throughout 48 years contract period. 5.1 The up-front fee of 300,000,000 Baht payable in five installments. 5.2 The rent of 1.25 million baht per month, payable monthly with increase

2,129.23 100.00% 2,345.53 100.00% LIABILITIES Current liabilities Short term loans from banks 65.32 3.07% 92.25 3.93% Account payables, trade and others 401.25 18.85% 516.82 22.03% Income tax payable 9.20

asset under TFRS 16. 2. Accrued dividend increased by THB 205 million due to the approval the Company’ s Board of Directors on March 27, 2020. 3. Accounts payable and other accounts payables decreased by

of days of inventory 36 32 Collection period (days) 49 43 Accounts payable (days) 50 43 Profitability Ratios Gross profit margin (%) 35.4 34.8 EBITDA margin (%) 20.8 21.0 Net profit margin for the

payables, trade and others 368.07 17.38% 516.82 22.03% Income tax payable 6.64 0.31% 20.12 0.86% Other current liabilities 9.76 0.46% 8.56 0.37% Total current liabilities 440.19 20.78% 637.75 27.19% Non

22.2%. The decrease was due to income tax paid of 18.5 million Baht and repayment some trade accounts payable. (2.2) Non-current liabilities as of December 31, 2019 amounted 105.7 million Baht compared

others 495.36 21.88% 516.82 22.03% Income tax payable 17.48 0.77% 20.12 0.86% Other current liabilities 5.59 0.25% 8.56 0.37% Total current liabilities 578.92 25.57% 637.75 27.19% Non-current liabilities

% 0.00 0.03% Current portion of lease liabilities               60.80 2.38%           69.56 2.69% 8.76 14.42% Income tax payable              78.14 3.06%           12.29 0.48% (65.85) (84.27%) Short-term

494 million.  Trade Accounts Payable decreased by THB 454 million, mainly from the decrease of the Company’s Trade Account Payable of THB 427 million, although purchase volume in September 2017

Company to acquire total shares of 20,000,000 of Fung Keong Rubber Manufactory (Malaya) Sdn Bhd (“FKRMM”) from Consistent Record Sdn Bhd MYR which accounted for 100% of total paid-up capital of FKRMM