(Translation) NEP-AC 001/2563 26 February 2020 Subject: Management Discussion and Analysis for year ended December 31, 2019 To : The President The Stock Exchange of Thailand Operating Result NEP
mainly derived from the following reasons:- 1. Management Service (“MS”) had a decrease of gross profit for (3.17) million baht. Main reason was that, in Q3/2018, the company already had a renew contract
management business (%) 33.62% 29.95% 3.67% - - - 14. Gross profit from main income (%) 28.89% 31.23% (2.34%) 26.94% 30.40% (3.46%) 15. Expenses on sales (%) 5.94% 5.77% 0.17% 6.38% 6.84% (0.46%) 16. Expenses
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