, current investment increase Baht 146.30 million, because the company received cash from the private placement capital increase and inventory increase by Baht 7.19 million, which was in line with the

Liquidity Ratios Current ratio (times) 2.0 0.6 2.0 0.6 Number of days of inventory (days) 29 38 31 37 Collection period (days) 44 44 45 44 Accounts payable (days) 43 45 44 42 Profitability Ratios Gross profit

. Financial Ratio Analysis Q4'19 Q4'18 2019 2018 Liquidity Ratios Current ratio (times) 1.8 2.7 1.8 2.7 Number of days of inventory 30 35 33 36 Collection period (days) 46 42 47 45 Accounts payable (days) 45 43

follows: Description Amount (Million baht) Supplementary business - Allowance for damage of inventories 4.86 Manufacturing cosmetic business - Expenses for inventory lost 10.60 Total 15.46 Therefore, if

significant reasons of the increase of inventory and the advance payment for purchase of investment. 2. Total Liabilities and Shareholder’s Equity Unit: Million Baht Statement of Financial Position 31-Dec-62 31

inventory as sales increased, and an increase of Bt88 million for the value of property, plant and equipment acquired for the new factory (Phase 3) and a decline of Bt144 million in cash. Total Liabilities

Million Baht) more inventory as amount of 16.67 Million Baht, decline in cash of 29.16 Million Baht and short term investment of 16.08 Million Baht  Total non-current assets equals to 3,636.52 Million Baht

increased when comparing with cash or equate with cash by 34 MB and increased 13 MB of account receivable and inventory stocks and decreased 9 MB and decreased of other debtor from the nullification of shares

decreased when comparing with cash or equate with cash by 51 MB and decreased 34 MB of account receivable and increased of the inventory stocks about 21 MB and decreasing of other current asset about 2 MB and

decreased when comparing with cash or equate with cash by 32 MB and increased 6 MB of account receivable and increased of the inventory stocks by 15 MB and decreased of other debtor from the nullification of