, increasing from the same period of the previous year by Baht 53.75 million mainly due to increased construction revenue together with improved gross profit margin and increased share of profit from associated

construction business, gross profit margin improved from 7.88% to 8.35%. Revenues from construction services and sales of construction materials For the first half of 2019, the Company and its subsidiaries

, increasing from the same period of the previous year by Baht 531.13 million mainly due to more share of profit from investments in associated companies. Revenues from construction services and sales of

Company”) would like to submit the Management Discussion and Analysis for the year ended 31st December 2019 as follows: Construction and servic revernue In 2019, the group of companies had construction and

Company Limited (a 100-percent subsidiary of IEC) through a contract with Energy System Engineering and Service Co., Ltd. (ESES), deemed under control of Mr. Bhusansa and Mr. Saran, for the construction of

-month ended June 30, 2017 as follows: Income Statement For the six-month ended June 30 Change Unit: Million Baht 2017 2016 Amount % Revenues from construction services and sales of construction materials

ASCON Construction Public Company Limited ASCON Public Company Limited (ASCON) failed to prepare and submit the financial statements for the six-month period ended June 30, 2014 to the SEC and the

and audited financial statements by May 8, 2015.The SEC found that the auditor gave a qualified opinion on TIES?s 2014 financial statements in relation to the construction cost reports for construction

directed TIES to rectify its 2014 financial statements due to the auditor?s qualified opinion in relation to the construction cost reports for construction contracts not prepared in accordance with its

Mr. Somchai Phothi was a director. The 15.09-million-baht contract was for the construction of a wastewater treatment system and a water purifier system of an IEC project in Rayong province. Mr