ประกาศสำนักงานคณะกรรมการกำกับหลักทรัพย์และตลาดหลักทรัพย์ (UNOFFICIAL TRANSLATION) Readers should be aware that only the original Thai text has legal force, and that this English translation is

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

as sales. Although the Company will has been better administration for cost of sales and control expenses than previous year, as a result to revenue recognition and gross profit was decrease. Net

all three outlets during February 2018. Kitchen Plus: sales was 10.4 Million THB, increased by 10.4 Million THB or 100% YoY, the company’s revenue recognition began in the fourth quarter of 2018

increasing from 4.79% in 2018 to 12.76% in 2019. The loss incurred is due to the recognition of gross loss from the construction business; higher administration cost to support the expansion of construction

. which is held 51% by the Company starts to recognize revenue. 1.3) Revenue from Real Estate Development increase THB 80.79 million due to starting of revenue recognition of the subsidiary. 1.4) Revenue

loss of revenue recognition from design engineering. 2. Cost of contract work In the first quarter of 2019, the Company and its subsidiaries had cost of contract work amount of 120.28 million Baht, the