organizing activities involving large gatherings of people which may pose the risk of spreading the disease. In addition, the Bangkok Metropolitan Administration has issued an announcement dated March 21, 2020

thus significantly reduced the cost of sales and administrative expenses . Overall gross profit margin improved to 42.3% from 30.7% in 2018 Selling and Administration expenses The Company recorded

tourists. The focus on high-quality acquisition, personalized value-added packages offering at the right time through upselling and cross-selling strategies, and positive impact from package restructuring to

E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...

Administration Expenses (29.73) (37.21) (7.48) (20.10) Net Profit (Loss) (32.44) (29.42) 3.02 10.27 Earnings per share (Baht per share) (0.007) (0.007) 0.00 0.00 Net Profit The company and subsidiaries realized

(Decrease) Million Baht Million Baht Million Baht Percentage Total Revenues 904.62 1,082.18 (177.56) (16.41) Cost of Goods Sold and Service 919.38 1,123.44 (204.06) (18.16) Sell and Administration Expenses

) Sell and Administration Expenses (29.73) (37.21) (7.48) (20.10) Net Profit (Loss) (32.44) (29.42) 3.02 10.27 Earnings per share (Baht per share) (0.007) (0.007) 0.00 0.00 Net Profit The company and

) Increase (Decrease) Million Baht Million Baht Million Baht Percentage Total Revenues 904.62 1,082.18 (177.56) (16.41) Cost of Goods Sold and Service 919.37 1,123.45 (204.08) (18.17) Sell and Administration

. The changings are as follow: Cost of contract work amount 131 million Baht decreased by 85 million Baht (39%). Selling expenses amount 6 million Baht nearly same as Q1/2017. Administration expenses

THB 145.59 million, and Water Supply of THB 11.75 million. 3. Administration Expenses In The year 2018, such expenses are THB 90.84 million which decreases from that of year 2017 by THB 61.66 million. a