condominium and commercial buildings projects not much to meet the target. In this regard, the Company has adjusted the marketing plan to be in keeping with the economic conditions and lifestyle of the consumer

year; even though HM was not affected by the overall economy as much as the related companies in other segments. However, because HM partly manufactures its products to support the Company, when the

normally much lower than other businesses. 3.3 Selling expenses of the first quarter of 2018 has increased by Baht 12.09 million or 104.77% when compared to the same quarter of 2017. Details of selling

of GC’s funds in 2018 was not much different from those of 2017 as they were in term of short-term liabilities. The major liabilities were short- term loans from financial institutions, bank overdrafts

of ending 2017. Sources of Funds : The structure of GC’s funds in 2018 was not much different from those of 2017 as they were in term of short-term liabilities. The major liabilities were short- term

, 2018. 2 token holders. Although such limit is imposed in the primary market, investors will still be able to obtain ICO tokens in the secondary market and potentially at a much higher cost. Regulatory

: The structure of GC’s funds in 2019 was not much different from those of 2018 as they were in term of short-term liabilities. The major liabilities were short-term loans from financial institutions

or 93.41% increased. As a result, the Debts to Equity Ratio as of Q1/2020 was 1.83 times compared to 1.48 times of ending 2019. Sources of Funds : The structure of GC’s funds in 2020 was not much

result, the Debts to Equity Ratio as of Q2/2020 was 1.73 times compared to 1.48 times of ending 2019. Sources of Funds : The structure of GC’s funds in 2020 was not much different from those of 2019 as

/2019 (3.43%). • The selling expenses of Q1/2020 is much lower due to cutting of unnecessary expenses. However, the administration expenses are almost unchanged because of fixed expenses such as salaries