solar energy unit Baht (4) million or (6%). It was since the repayment of long-term borrowing in the solar energy business. Income tax expense Income tax increased Baht 4 million which was mainly derived

securities company shall procure a source for borrowing securities in order to enable delivery of securities in the short sale items within the time period prescribed by the clearing house under the law on

securities for itself, a securities company shall procure a source for borrowing securities in order to enable delivery of securities in the short sale items within the time period prescribed by the clearing

) securities underwriting; (4) investment advisory service; (5) mutual fund management; (6) private fund management; (7) securities borrowing and lending; (8) venture capital management. ““Type B securities

0.1 Mn or 0.5%. This was mainly due to increased average balance of short-term borrowing over the 12-month period. Tax Expenses Income tax expense increased from THB 20.1 Mn in 2017 to THB 32.3 Mn in

Dec 2019 Increased (Decreased) % Liabilities and equity Current liabilities Bank overdraft 18.79 16.70 2.08 12.47 Short-term borrowing from financial institutions 178.37 222.25 (43.88) (19.74) Trade and

policy. Finance costs The company had a small decrease in finance costs for the solar energy unit Baht (1) million or (7.1%). It was since the repayment of long-term borrowing in the solar energy business

million baht or 17. 01% . The increase was due to additional of borrowing to support hire purchase loan expansion and maintained the company interest spread. For the provision expenses for the fourth

of the previous year due to the Company needed funds to support project, therefore, increased external borrowing and overdraft with a relatively high interest rate. - At the end of the year of 2019

risk in borrowing. Please be informed accordingly. Sincerely yours, ( Mr.Uchai Vilailerstpoca ) Managing Director Ocean Commerce Public Company Limited 148/1 Soi Ramintha 14, Ramintra Road , Tharang, Sub