E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending June 30, 2019 The Thai economy faced increased headwinds in the second quarter of 2019. Exports, tourism and private investment – among major economic activities – were hampered by the worse-than-expected global economic slowdown. Meanwhile, consumers’ purchasing power weakened amid high household debt, whereas public investment and the government’s budget disbursement were aff...

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ended March 31, 2018 In the first quarter of 2018, Thai economic growth gained traction, buoyed by both domestic and international factors. However, the business sector faced rising challenges, namely various forms of competition, a borderless marketplace within the ASEAN Economic Community (AEC), and the advancing digital age amid the rapid pace of technological advancement, thus lea...

expenses 122 119 2% Bad and doubtful debts expense 0 3 (100%) Finance costs 112 60 86% Total expenses 7,916 3,330 138% Loss for the year 366 967 (62%) Basic loss per share (in Baht) 0.026 0.091 (71%) Table 4

staffs according to business plan. However, the administrative expenses decreased from Baht 56.1 million in 1H2017 to Baht 44.9 million in 1H2018 mainly from accounting adjusted of doubtful debt amounted

E_1 Legal_FA_2015_12_29-c A HibrWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending September 30, 2018 The Thai economy in the third quarter of 2018 grew at a decelerating rate due to slowdown in external sector and manufacturing production at home. Meanwhile, private consumption which continued to expand was derived mainly from increased expenditures on automobiles. Nonetheless, the business sector remained challenged by new modes of competition, the broade...

days in the period1) Collection period (days) = Avg. trade account receivables before allowance for doubtful account / (Total revenue from sales / Number of days in the period 1 ) Accounts payable days

42.8 million in 3Q2019 and increased from Baht 82.4 million in 9M2018 to Baht 118.6 million in 9M2019 due to accounting adjusted of doubtful debt amounted of Baht 22.5 million in 9M2018,and increase of

) loss on devaluation of inventories 160 40 (300%) Total cost of sale 3,303 8,705 62% Selling expenses 43 109 61% Administrative expenses 130 112 (15%) Bad and doubtful debts expense 0 64 (100%) Loss on

of inventory = Average inventory / (Cost of sales of goods / Number of days in the period1) Collection period (days) = Average trade account receivables before allowance for doubtful account / (Total

liabilities Number of days of inventory = Average inventory / (Cost of sales of goods / Number of days in the period1) Collection period (days) = Average trade account receivables before allowance for doubtful