automotive product which lead to increase in the sales volume in this zone. However, the Company’s revenue was affected by the appreciation of exchange rate of 3.4% from an average of 32.06 per 1 Dollar in
performance of the Group Unit: Million Baht 3Q17 3Q16 Increase (decrease) Variance (%) Total revenues 1,850 1,362 488 36% Net profit 54 95 (41) (43%) The Group has total revenues of Baht 1,850 million for 3Q17
statements 2018 Increase (decrease) Million Baht % Million Baht % Million Baht % Continuing operations Revenues 1,808.5 100.0 303.4 100.0 1,505.1 496.1 Costs (1,737.4) (96.1) (315.5) (104.0) 1,421.9 450.7
740.3 MB which increased from December 31, 2019 by 9.9 MB as a result of the increase in cash and cash equivalents by 3.5 MB, the decrease of trade and other receivables by 8.7 MB, increase in inventory
efficiency. PERFORMANCE OVERVIEW 2 | MANAGEMENT DISCUSSION AND ANALYSIS 2019 Revenue Major revenue of The Group mainly came from revenue from steel tower manufacturing and revenue from sales of electricity. In
of machine for some manufacturing process has been completed, it will increase the manufacturing efficiency and decrease the long term cost. The Company expect that the cost will be reach the suitable
Design and Manufacturing Co., Ltd. which has no relationship with the Company and is not a related party. General Characteristic of the transaction Enter into Contract to buy and sell of Land and Buildings
Manufacturing Co., Ltd. Major shareholder is Okuno- Auromex (Thailand) Co., Ltd., which major shareholder is Mr. Swaek Prakitritanon, which has no relationship with the Company and is not a related party. General
occur from several projects and backlogs of IGE and subsidiaries. The contracts of the projects have been postponed and made the revenue recognition is not on schedule. 2. Sales and Services increase from
by the global manufacturing sector and the ongoing adoption of the Internet of Things (IoT) led to a stronger demand for products in key industrial sectors, particularly in electronics and electrical