allowance for inventories declining value of Baht 32 million, resulted from the Company’s new accounting policy of setting allowance for inventories declining value from recording expired product in full cost

approved the sale of Takuni Land’s shares including approved Takuni Land to purchase the land from a director of the company to be as an access road for the Project (which included in the development cost

the sale of Takuni Land’s shares including approved Takuni Land to purchase the land from a director of the company to be as an access road for the Project (which included in the development cost) as

lease agreement to the Company aforesaid. 2. Resolved for approval of the appointment of Beyond Advisor Company Limited as the Independent Financial Advisor to provide its opinion in relation to the

income comprises mainly of interest income and services revenue Cost of Goods Sold Cost of goods sold for the year ended 31 December 2017 and 2018 stood at THB 543.32 million and THB 412.35 million

435 (55) -12.6 Gains on sale of investments 181 499 (318) -63.7 Gain on reclassification of investment 3,409 2,496 (913) 36.6 Other income 327 43 284 660.5 Total revenues 20,404 19,088 1,316 6.9 Cost of

revenues in full quarter this year. However, cost of service also increased in relevant to the opening of the projects. Financial cost increased from the same quarter of the previous year due to in the third

companies of 2.40 million baht and others of 1.16 million baht. 1.2 Cost and Expenses In year 2018, the company and its subsidiaries had gross margin 3.11 percent and Net loss (27.99) percent of total

services revenue 41.68 43.82 (2.13) (4.87%) Construction revenue under Concession Agreements1) 60.64 55.33 5.32 9.61% Costs of Sales and Services 619.77 557.14 62.63 11.24% Raw water cost 291.60 247.94 43.67

by issuing debentures with fixed interest rate from 2.05 to 3.01 percent per annum to reduce financial cost and risk management from floating interest rate. As a result, the Company has saved interest