efficient cost management such as staff cost and other related cost. Administrative Expenses In year 2017, administrative expenses increased by 12% yoy and 6% yoy in the fourth quarter mainly due to the

Million or 386.19 percent compared to year 2015, due to the Company had gain on disposal of Land held for development, sale of investment property, other incomes and accounting adjustment. 2. Cost of sales

ratio for year 2015 was decreased by 17.02 percent due to the Company had higher cost of construction. 4. Expense 4.1 Selling Expenses For year 2015, the selling expenses was decreased by Baht 6.09

, a decrease from the end of year 2017 by 12 days due to an decrease in average collection period of 5 day, decrease in inventory turnover period of 3 days and increase in average payable period of 4

same period of FY 2016 as follow:  Cash received from the operating activities amounted to 336.61 million baht, declined by 266.60 million baht mainly due to increase in accounts payable and inventories

with the same period of the previous yearly To: The President The Stock Exchange of Thailand Due to The Manufacturing Production Index (MPI) grew by 1.58 percent from 2016, making Thai economy more

. (3) Gross profit The Company and its subsidiaries’ total gross profit were Baht 45.01 million, which decreased from the same period of previous year by Baht 34. 78 million or 339. 84%, due to an

THB 36 mil. or 10.3% negative growth when compared to the same period of last year, primarily due to dumping price by competitors and focusing on electronic payment and number of bank branches reduction

year Baht 642. 53 million or 87. 40% due to the continuing high demand of new products launched in Q4/ 2020. Moreover, the Company was able to manage inventory to support customer demand by the high

assets. Total liabilities amounted to Baht 54,773.07 million, decreasing by Baht 2,898.75 million from the end of prior year due to decreased accounts payable and other payables. Total shareholders’ equity