level. We also had to cut costs in all areas, suspend our investment plan and reserve cash to maintain a strong finance position during the crisis. Cost of Sales and Gross Profit The gross profit margin

reserve for a customer’s claim for damages in 2016 in the value of EUR 28.50 million. The Company is currently under the negotiation and investigation process as to seek for the facts on whether the product

payables 16. Debentures and debt instruments 17. Other derivatives liabilities 18. Provision 19. Other liabilities Total liabilities Shareholders’ equity 20. Share capital 20.1 Authorized share capital 20.2

business payables 16. Debentures and debt instruments 17. Other derivatives liabilities 18. Provision 19. Other liabilities Total liabilities Shareholders’ equity 20. Share capital 20.1 Authorized share

million therefore has a gain on reserve. - Administrative expenses for the year of 2019 increased by 6.34% due to the penalty tax of customs of 2014 and 2015 of Baht 6.33 million, new law changed of long

a financial institution increased by Baht 208.00 million to fund the investment in The Studio Park Project and to reserve as working capital. Also, the account payables declined by Baht 28.34 million

form of legal reserve and dividend payment as follows: - No appropriation to legal reserve as the company’s legal reserve has already reached 10% of the registered capital. - To allocate the profit for

million baht in year 2017, 2018, and 2019 respectively. SG&A ratio is 14.64%, 13.83% and 14.35% for year 2017, 2018, and 2019 respectively. In the year 2019, there are additional reserve for employee

to the company received tax refund of year 2016 from the Revenue Department of Baht 1.57 million therefore has a gain on reserve. - Administrative expenses for the third quarter of 2019 decreased by

% Loss on exchange rate - 34.88 34.88 100.00% Reserve for Doubtful Debts 0.52 21.65 21.13 4,063.46% Others 38.97 48.78 9.81 25.17% Administrative expenses 137.81 251.18 113.37 82.27% Administrative expense