(Unofficial Translation) Readers should be aware that only the original Thai text has legal force and that this

Translation (Unofficial Translation) PAGE (Unofficial Translation) Page 12 of 12 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly

(UNOFFICIAL TRANSLATION) Codified up to No. 10 As of 28 February 2020 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for

forecast of 3.5 percent, due to anticipated weakness in developed economies throughout the first half of 2019. The global slowdown will not only dampen the international trade and investment atmosphere, but

”) increased 16% yoy. This increase was partly driven by the outstanding 23% income growth in the 3rd quarter of 2017 (“3Q17”). Not only high season of healthcare business, the increase of social security

2,647.55 million. This year, the Company recognized sale not only from its low-rise housing projects but also from the Park Court condominium units. The company had number of bookings which would be able to

in 2018, the company booked additional accrued bonuses while in the past the company paid compensation to employees only in the form of incentives. Therefore, there were both incentives and accrued

, the company’s gross margin has been widen from 33% of revenue in 1Q’18 to 36% in 1Q’19. The improved margin was not only attributed by the increase of fixed income from social security revenue and

increased by 22% yoy. This increase was driven by both non-social security and social security. Accelerated revenue growth from social security was not only due to the higher number of registered persons

reasons for the decline of cost ratio not only stemmed from the increase of SW income and non-sw income per head but also from the efficient cost management particularly staff cost. Administrative Expenses