14.37% due to cost of raw materials for wire has adjusted which higher than sales price and allowance for diminution in value of inventories has been recorded because of inventory deterioration which

subsidiaries by having the main substance is as follows. * * * the Company and its subsidiaries recorded account receivable from the voiding of contract with allowance for doubtful debts in the amount of 320 MB

of Baht 13.25 million. The Company has already set an allowance for loss of such bad debt full and sufficient; and show the reversal of this allowance for loss separated from operating expenses in the

of previous year by Baht 12 million or more than 100% due to allowance for doubtful accounts and allowance for devaluation of goods. 2. Financial Analysis (Unit: Million Baht) Items 31 December 2020 31

Baht 96.16 million from first-time adoption of TFRS 16 Leases. For trade accounts receivable, the Company set up additional allowance for doubtful accounts of Baht 9.25 million from first-time adoption

allowance for sales staff, offset however by a decrease of Baht 6.40 million in advertisement media and advertisement materials. 4. Administrative expenses Administrative expenses amounted to Baht 35.21

(948.15) 0.00 (948.15) Allowance for devaluation of inventories 2.55 0.00 0.00 0.00 2.55 2.55 Gross profit (loss) by segment 79.15 0.00 5.48 0.00 84.63 1.06 85.69 Segment income (%) 96.64 0.00 3.25 0.00

baht and reversal of allowance for doubtful accounts of investments, prepaid investment amount of 14.00 million baht, profit from sales of condominiums, Country Complexes and other assets totaling 8.95

(5,890.19) 0.00 (5,890.19) Allowance for devaluation of inventories 0.00 0.00 0.00 0.00 Gross profit (loss) by segment 541.40 0.00 541.40 6.83 548.23 Segment income (%) 99.89 0.00 99.89 0.11 100.00 Sales to

increase of allowance for doubtful accounts of trade and other receivables and is in line with the growth of revenue of the Group. Finance cost In 2017, the Group has the finance cost of Baht 124 million