, a decline of Bt204 million for the value of trade receivable and other receivable, an increase of Bt163 million of inventory as sales increased, and an increase of Bt373 million for the value of

goods inventory in which accounted to THB 216. 6 MB and THB 501.8 MB respectively or equivalent to 34.6% and 39.1% of the total assets. Secondly, cash and cash equivalents as of year-end 2016 and 2017

meaningfully changed yoy. Trade receivable and Trade payable period were slightly decreased while inventory period was unchanged. Leverage ratio has improved as illustrated by Interest Coverage ratio (EBITDA

from social security bureau. For inventory day, it was barely changed comparing to the same quarter of last year. Please be informed accordingly. Yours sincerely, (Surin Prasithirun, M.D.) Managing

this quarter, the ratios were not substantially changed yoy. Trade receivable and Trade payable period were decreased while inventory period was slightly increased. For the financial risk perspective

238.81 million as of December 31, 2017 from the significant reasons of the increase of cash, inventory and investment in associates and joint venture. In this regard, cash increased from the issuance of

was THB 1,026.4 MB and THB 783 MB respectively, equivalent to 80.1% and 64.3% of total assets. The company current assets as of year-end of 2017 and Q1/2018 was the finish goods inventory in which

respectively or equivalent to 30.7% and 23.9% of the total assets. Secondly, the finish goods inventory in which accounted to THB 501.8 MB and THB 196.9 MB respectively as of year-end 2017 and Q2/2018 or

liquidity ratio, trade receivable day deteriorated from 68 days to 75 days yoy. This was primarily due to more accrual from social security bureau. For inventory day, it improved comparing to the same quarter

social security bureau. For inventory day, it increased 11 days comparing to the same quarter of last year. For the financial risk perspective, the ratio was at extremely low leverage with debt to equity