1st quarter of 2019 increased significantly 7,667.57 percent from the same period of last year, caused by loan drawdown for 2nd production line investment project. As a result, cost of goods sold and

income on the other hand has decreased due to the fact that the company has stopped recognizing interest income on the loan to SGAH for conservative reasons. Sales of automotive parts grew by 25.3%, driven

and Lumpini Ville Suksawasdi-Rama 2 and the cash prepared for loan repayment to financial institutions. 2. The inventory increases 365.76 million THB or 6.66% i.e. from 5,495.63 million THB to 5,861.39

decrease 21.54%, due to decrease in bank loan. 7. Share of profit (loss) from investment in associated company In Q2/2018, Share of profit (loss) from investment in associated company was Baht 10.75 million

period of previous year amount to Baht 0.47 million, decrease Baht 0.15 million or decrease 31.13%, since the company repaid the loan cause this expense has been reduced. 8. Share of profit (loss) from

% from the same period last year. This was because the loan provisions expense in subsidiary and employee remuneration from business expansion. Net Profit The Company’s net profit from consolidated

project loan in construction completed projects. Please be informed accordingly Sincerely yours, (Mr. Suriya Poolvoralaks) Executive Director and Managing Director http://www.majordevelopment.co.th

%. Another significant impact toward real estate business was the Bank of Thailand housing loan control measure (Loan-to-Value: LTV). The measure had direct effect on the consumers’ purchasing power. However

2018 by Baht 34.39 million, or 4.5% 4. The Company’s financial cost in the year of 2019 was Baht 13.92 million, increased from the year of 2018 by Baht 4.08 million, due to loan from financial

interest rates, the company has a lower loan burden from regular repayments of loans and interest. 7. The performances increased by 174.12 million baht or 1,356.07% (from a loss of 12.84 million baht to the