Audit Committee Board of Directors and Audit Committee have examined together that in the past 1-2 years, the joint venture company has lost operating results. One of the reasons is high interest expense

Committee and Audit Committee Board of Directors and Audit Committee have examined together that in the past 1-2 years, the joint venture company has lost operating results. One of the reasons is high

size from the highest analyzed value, based on the net value of tangible assets, is subjected to 0.66% of net tangible assets of the consolidated financial statements as at 31 December 2018. And when

acquisition or disposition of assets, 2004”. The transaction size from the highest analyzed value, based on the net value of tangible assets, is subjected to 0.18% of net tangible assets of the consolidated

factors and the impact on business operations 1. The Company had analyzed the impact that may occur in the future If the company's clients are affected by the COVID-19 situation, causing the lack of

the procedure by which a CRA determines credit ratings, including the information that must be considered or analyzed to determine a credit rating and the analytical framework used to determine the

equity at 4.90% lower than the year 2017 having the return on equity at 7.80%. Asset Management As of 31st December 2018, the Company’s financial position was analyzed from changes in the assets

management of cost and expense Including internal work process improvements for greater efficiency. As table shown above, can be analyzed according to the following : I Revenues In conclusion, the Group has

credit rating, or a withdrawal of a credit rating. ratings. means the procedure by which a CRA determines credit ratings, including the information that must be considered or analyzed to determine a credit

be analyzed and explained as follows: 1 Overview The Company has been operating in textile business, manufacturing greige fabrics, through production process of yarn spinning and fabric weaving, based