quarter of year 2017 was Baht 1,183.00 million representing an increase of Baht 234.58 million or up by 24.73% over the same period last year. The main reasons are as follows: 1. Total revenues were Baht

in volume sold decreased 11.34% from same period of previous year. 2. Construction service income for the period sharply increased due to the increased in revenue from construction service in oil and

: Pursuant t resolution subsidiarie by the Com The perfor consolidat from the 3 percent. A collection 2017, the same peri months pe Revenues Services inc collection an Revenues fr purchased a Interest inco

million baht or 37.11% of the sales of same period of 2018. Mainly resulted from an increase in sales from the product ‘Discs plough’ which was in the K. W. METAL WORK PUBLIC COMPANY LIMITED Head office 259

- Performance in Q2/2019 and 2018 Consolidated financial statements The net profit of the Company and subsidiary companies decreases 29.06% from the same quarter of the previous year. It is because the income

transfer expenses) increase 25.06% as a result of the attempt to liquidate the inventory. Therefore, the net profit has decreased 1.30% from the same quarter of the previous year. There is one project

of revenue for 3-month period ended September 30, 2019 by comparing to the same period of the last year, the revenue from sale decreased 7.59 percent from consolidated and the main revenue generated

75.19 million baht, decreased by 37.82 million baht or 33.47% of the same period of sales in 2019. Most of the Company’s products had a drop of sales in this quarter, especially ‘Disc plough’ that

Microsoft Word - MD&A_2020_Q2_E Management Discussion and Analysis: MD&A 1. Company Situation The company’s turnover for the second quarter of 2020 is still in decline, when compared to the same

changed in revenue and net profit compared with same period of last year as follows: Statement of Comprehensive Income (Unit : Million Baht) Details 31 Mar 2020 31 Mar 2019 Increased (Decreased (%) Revenues