Company had profit 70.32 million Baht, resulting from dividend income and profit from the business transfer of 79.99 million Baht and 43.79 million Baht respectively, meanwhile in 2016 the Company had loss
in VON’s subsidiary, V. O. Solar Company Limited (“V Solar”). The agreed purchase price is 26,809,661.99 Baht and a transfer of debt that IFEC, who is the creditor of 100,097,457.53 Baht, owed by VON
subsidiary, V. O. Solar Company Limited (“V Solar”). The agreed purchase price is 26,809,661.99 Baht and a transfer of debt that IFEC, who is the creditor of 100,097,457.53 Baht, owed by VON (the debtor), at
performance of the Company is deteriorating. The Company has been able to sell the products but the ownership transfer target cannot be achieved. The operational strategy has thus been adjusted and 2017 is
expenses on ownership transfer) and expenses on management to be 43.17% and 7.43% lower than those of the same quarter of the previous year respectively. Statement of financial position as of 30 September
expenses for new business units: the refrigeration systems and the digital printing systems that the Company had received from the entire business transfer. Sincerely yours, ……………………… (Mr.Wirat Sukchai
Deposit which is considered as part of the payment of land and buildings under this contract. • Remaining amount of Baht 225,000,000 at ownership transfer date. Value of Assets Disposed Book Value as of
payment of land and buildings under this contract. • Remaining amount of Baht 225,000,000 at ownership transfer date. Page 2 of 2 Value of Assets Disposed Book Value as of December 31, 2017 of Land and Land
recognized this year. The gross profit was thus less than 30% but the Company was able to control the expenses from sale (excluding ownership transfer expenses) as well as management expenses to be 37.54% and
compared with the net profit at 78.93 million baht. Net profit from the sale and transfer of Ownership of land was 293.80 million baht. ,operation net profit was 38.57 million baht was decrease 40.36 million