expansion projects of the subsidiaries. 4.Share of profit on investment in associated company decreased by Baht 3.25 million or 30.63% Sincerely yours, (Mr.Pongpat Patanavanich) Managing Director

million Baht. Due to the impact of the COVID-19 outbreak, the Company's main customers Postpone orders and deliveries, the sales volume has decreased. Cost of sales, Cost of distributions and Administrative

period of the previous year according to the increasing in revenue from sales, Then, the Company has 59.89 million Baht of gross profit, representing 12.42 percent which decreased from same period of the

associated company decreased by Baht 3.45 million or 7.34 % Sincerely yours, (Mr.Pongpat Patanavanich) Managing Director  

transportation service in quarterly basis, ended on 31 March 2020, for 238.64 million baht decreased from the same quarter in the previous year for 59.48 million baht (19.95%) resulting in the decrease of the

decreased total sales revenue of Baht 164.19 million or 14.41% compared to the same period last year, resulting in lower gross profit of Baht 26.76 million or 7.56% compared to the same period last year. 3

% and 4.57% respectively, together with other underwriting expenses decreased by 21.46% compared with the same quarter last year. 2. The investment income and other income amounted to Baht 2.11 million, a

(COVID-19) epidemic. The tourists have decreased. The company has opened a conference center which can earn enough income for monthly expenditures. 1.4 Revenue from real estate rental was 0.14 million baht

62.26 million baht and 84.92 million baht, respectively. It decreased 22.65 million baht or 26.68 % when compared with Q1 / 2020, the reason that the net profit margin of the company decreases is due to

profit decreased from the same period of last year by 151.18 million baht, mainly due to the sale of investment in the company i.e. C.E.I. (Chiang Mai) Co., Ltd. and ACC Green Energy Co., Ltd.. The Company