December 2019 To: Managing Director of the Stock Exchange of Thailand Business Overview In 2019, the impact of trade war between the United States and China, together with the global economic slowdown caused

times because current assets and current liabilities decreased, the mainly reason was the lower trade account receivable and the lower accrued income tax. • Quick ratio was 2.81 times, decreased from the

of loss on exchange rate of THB 26.27 million due to the fact that the Thai Baht value appreciated against US Dollar and the Company had the foreign trade receivables about USD 21.31 million

foreign trade receivables about USD 24.11 million. Financial Costs For the year ended 31 December 2019, the Company had financial costs in total of THB 94.72 million, an increase of THB 27.35 million or

total asset (THB mn) % out of total asset Cash & cash equivalents and Current investments 484 29.7% 261 13.0% Trade & other receivables 276 16.9% 254 12.7% Building and equipment 176 10.8% 469 23.4

2016 30 SEPTEMBER 2017 (THB mn) % out of total assets (THB mn) % out of total assets Cash & cash equivalents and Current investments 484 29.7% 203 10.3% Trade & other receivables 276 16.9% 295 14.9

of loss on exchange rate of THB 26.27 million due to the fact that the Thai Baht value appreciated against US Dollar and the Company had the foreign trade receivables about USD 21.31 million. Financial

Company had D/E ratio 0.11 times, decreased from 2016 that had 0.16 times, as a result of trade account payable and other payables decreased. Return on Equity (ROE) The 42.91 million Baht net profit is 4.85

-current liabilities of THB 54 million (0.96% of total liabilities). The total liabilities as at June 30, 2017 increased by THB 207 million or 3.84% up from December 31, 2016 primarily from trade and other

POSITION (THB mn) ASSETS ASSETS BREAKDOWN 31 DECEMBER 2018 31 MARCH 2019 (THB mn) % out of total (THB mn) % out of total Cash & cash equivalents and Current investments 653 15.9% 797 18.2% Trade & other