and nearby countries Objectives of Investment 1. To increase production capability and shorten lead time for sales to customers in the US and nearby countries 2. To expand distribution network in the

Distribution Station, Provincial Waterworks Authority (Phanat Nikhom Branch): Project value 520,344,000 baht and (2) The Nong Ka Kha Project at Nong Ka kha Water Distribution Station, Provincial Waterworks

, which came from costs of sales, distribution costs and administrative expenses control, Change in recognition of depreciation of right-of- use asset pursuant Thai Financial Reporting Standards No. 16

) increased sales of delivery. Franchise fee income decreased from THB 21.0 Mn in the 2nd quarter of 2018 to THB 17.3 Mn in the same period of 2019, a decrease of THB 3.7 Mn or 17.6%. And for the six months

contractor’s equipment and meterials manufacture dalay delivery as well because it located in countries which still has serious of COVID- 19 outbreak. Last, due to the government preventive policy, main

26.0%. The main factor for the increase was mainly from higher marketing support and commission expense to delivery operators to create brand awareness during the opening of new branches. As a percent of

manufacturing and delivery of products. - Immovable property business saw its income decrease both in the three-month period and the nine-month period by Baht 1.54 million and Baht 4.59 million respectively

111.21 million, or 61.89%, in Q3’19, and by Baht 241.59 million, or 45.91%, in the nine-month period. Due to more production orders from the customers, the Company had more manufacturing and delivery of

and delivery of products. - Immovable property business saw its income decrease both in the three-month period and the six-month period by Baht 1.29 million and Baht 3.06 million respectively, because

, or 54.46%, in Q2’19, and by Baht 130.37 million, or 37.62%, in the six-month period. Due to more production orders from the customers, the Company had more manufacturing and delivery of products in