and the Diplomat 39 which is a project purchased for sale • Net debt to Equity ratio2 as of 31 March 2019 equals 0.84 times Changes in accounting policy and reclassification in 1Q/19 During the three

, Unit 4, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Tel. 66 2 654 3344 Fax. 66 2 654 3323 The Company pursues a new business strategy which focuses on leveraging the brand equity which is through

million, shrinking 5.01% from the end of last year. The majority of total assets consists of cash and equivalents, short-term investments, trade receivables and other receivables and inventories and

Company had the total liabilities of 20,261 million Baht; decreasing by 33% as compared to the end of the year 2017 of 30,161 million Baht. The main liabilities included: short-term loans from financial

, short-term investments, trade receivables and other receivables and inventories and property, plant and equipment. Cash spent and repayments of loans from financial institutions mainly contributed to the

Company has company-operated stores and licensed stores as follows. The Company pursues a new business strategy which focuses on leveraging the brand equity which is through franchise model. Such initiative

is paid in advance and covered more than one year of insurance. Assets Items that has significant changes Balance by Quarter Change Q3–20 Q4–19 Q3–20 VS Q4–19 (MB) (MB) (MB) Short-term loan from

Company made repayments to both short- term loan in quarter 4 of 2018 and long-term loan in January of 2019. K. W. METAL WORK PUBLIC COMPANY LIMITED Head office 259/83 Sukhumvit 71 road, Phrakhanong-nur

projects, which can’t recognized fully revenue at the beginning of the projects. 4. Income of the Solar energy service (“SE”) decreased from an accident in short circuit, which had an impact on loss of 1 MW

prepaid and covered by a warranty period of more than 1 year. Liabilities Items that has significant changes Balance by Quarter Change Q2–21 Q4–20 Q2–21 VS Q4–20 (MB) (MB) % Short-term loan from financial