Microsoft Word - MDA Q120 EN_Hiight.docx May 11, 2020 To President The Stock Exchange of Thailand Subject Management Discussion and Analysis for the three-month period ended March 31, 2020 Taokaenoi

increased from 17.55% to 21.87% comparing with quarter 1/2019 due to improvement in project cost management. The gross loss from sale business of the quarter 1/2020, the company had gross loss from sale

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