from sales of single house projects, it is similar to that of Q1/2020. The income from rental and service business increases 27.97% from the same quarter of the previous year. It is as a result of the

Profit excluding FX impact and Extra item /3 Deferred revenue from assets monetization to WHABT in 2015 which recognized in the first quarter of 2019 as a result of accounting standard adjustment (TFRS 15

sales. • Gross profit margin in Q1/2020 dropped by 2.9% from Q1/2019 mainly from waste of expired stocks as a result of the immediate shutdown of shopping malls and the discount offered to boost sales in

, the Company was affected by the ongoing outbreak of COVID–19 which caused the customers to change the work methods resulting in the delay in delivery and inspection of equipment or project. As a result

the same period of 2017 as the result of the increase in revenue from hotel business of Baht 18 million, due to the higher room rate and occupancy rate. 3) Other income: Other income in the first

to the new labor protection law. More causes for loss were sales decrease; higher cost per unit as a result of lower utilization rate; higher depreciation; following the Excise Act, B.E. 2560; higher

percent. The Company’s net profit margin stood at 27.7 percent. An increase of net profit was a result of the Company has higher revenues from collection of purchased accounts receivables and debt tracking

impacted by declining global demand, which has also led to a deceleration of private consumption as a result of lower employment, particularly in export- related manufacturing sectors. Elevated household

provide Management Discussion and Analysis for the year ended 2019 as follows: Overview of the operating result for 2019 The company’s total revenue for year ended 2019 was THB 196.60 million, increased by

., BANGKAE, BANGKAE, BANGKOK, THAILAND. 10160 Tel: 02-455-2888 Fax: 02-455-2763 (“TRANSLATION”) TG 142/2560 August 8, 2017 Subject: Clarification of the Operating Result for the significant change Attention