liabilities have decreased as the Saraburi Acquisition loan and the Hua-Pha-Way Kiln 7 loan continue to be repaid. Shareholder equity increased in-line with the additional net result. Balance Sheet Summary as
Receipt) for the purchase of fuel in H1. Non-current liabilities have decreased as the Saraburi Acquisition loan and the Hua-Pha-Way Kiln 7 loan continue to be repaid. Shareholder equity reduced with the
shareholder at Annual General Meeting resolved to approve the cash dividend payment from the operating results of 2H 2017 at THB 0.018 per share (a total of THB 62mn). The total dividend payment from 2017
in long-term liabilities due to the 330mTHB term loan used to acquire Saraburi Quicklime impacted total liabilities. Shareholder equity increased in-line with the additional net result. Balance Sheet
Company Limited (“VGI”), a major shareholder of the Company (as detailed in the Information Memorandum on Connected Transaction and Asset Acquisition of Master Ad Public Company Limited (Enclosure 3)) (the
. Shareholder equity increased in-line with the additional net result. Balance Sheet Summary as of 30 June 2018 compared to 31 December 2017: 3.3. Cash Flow Analysis Cash and cash equivalents in 2Q 2018 increased
pay for a fuel shipment during the quarter. Also, an increase in long-term liabilities due to the 330mTHB term loan used to acquire Saraburi Quicklime impacted total liabilities. Shareholder equity
as well as entered into the sign of Share Sale and Purchase Agreement, including transfer of related brand names from the selling shareholder(s). According to the Notification of the Capital Market
to long-term shareholder value generation laying the foundations of future improved results via new product development (introduction of dolomitic product line) and cost saving measures (Solar project
were an accounting item that has no effect on cash flow. Therefore, the 1Q2019 Normalized Share of Profit from Investments was Baht 309.2 million, a 24.3% decrease from Baht 408.6 million in 1Q2018. The