owners of the parent increased to 13.6% (+230 bps YoY) due to more efficient cost control in SG&A expenses. Q2’20 cash cycle (Number of days of inventory + Collection period – Accounts payable days) of 44

Short term loans from banks 26.73 1.36% 55.72 2.63% Account payables, trade and others 300.68 15.33% 368.07 17.38% Long term loan due within one year 4.50 0.23% - - Lease payable due within one year 3.21

by Baht 3 million or increased by 6%, mainly due to allowance for doubtful accounts recorded in this period. However, selling expenses decreased from the change in portion of sales which the higher

million. (3) Debentures increased in the total amount of THB 1,139.58 million due to the appreciation of USD currency in relative to THB currency. (4) Trade accounts payable of Ratchaburi Electricity

2018, notes payable decreased primarily due to maturing notes payable. Notes payable increased from 31 December, 2018 to 30 September, 2019 primarily due to the issuance of short term notes payable for

Company's hotel business revenue was THB 950.2 million, decreased by THB 56.7 million, or 5.6% yoy, mainly from: • Hotels in Thailand: the revenue decreased by THB 82.7 million, or 12% yoy, due to decreased

Yai, Chachoengsao, Rayong and Diana Hat Yai Branch. Industry Overview Thailand’s overall economy expanded at a slower pace than expected in 2Q19 due to external demand. The escalated trade tension

-19 due to an increase in spectrum payable and lease liabilities. The interest bearing- debt currently stood at Bt92,200mn, decrease from Bt94,200mn. Total equity reported Bt71,696mn slightly increase

at 31 December 2019, which was Baht 5,171 million. The decrease was mainly due to the increase of accrued dividend payable and long-term lease liabilities. Shareholders’ equity Total shareholders

. Trading business had revenue in Q3/2019 Bath 19 million at the high level of gross profit margin 21.1%. Selling and administrative expenses Selling and administrative expenses increased Baht 2 million due