, while implementing the plans that least affected the welfare and morale of the employees. The Company expects to reduce costs and expenses by 20% in 2020 compared to 2019. The Company foresees the

cases in Thailand tends to decrease while there are a lot of cases in other countries, the Company expects that the recovery of Thailand tourism industry in 3 phases. Phase 1: The next 6 months from now

1,607.02 million, which increased from the same period in 2016 by Baht 178.72 million due to an increase in sales volume and sales revenue, while the unit price decreased comparing to the same period in 2016

at the end of 2017, mainly driven by the increase in Retained earnings As at 31 March 2018, the Company’s Debt-to-Equity ratio was 0.66x, improved from 0.70x at the end of 2017, while the Net Interest

reason was the lower average selling price due to fewer big projects & price competition while the prices of plastic raisin rose, and then caused lower gross profit margin.                         WIIK

quarter of 2018 ( “4Q’18”) was THB 394 million, increased 7% yoy. Non-social security yoy revenue growth was highly 12% while social security revenue growth slightly increased. The non-social security

2017 of 98.0 million Baht or 17.1%. The reasons were an increasing of hiring new collector, commission from debt collection and cost related to insurance business. While, the Company’s gross profit

construction of SAAM Solar Power Two, which amounted to THB 4.56 million and increase in unrealized loss on exchange rate from equipment deposit, which amounted to THB 1.40 million, while the Company had reduced

were 2 large projects which had been completed and delivered in 2018. While many projects in 2019 were small to medium-sized projects. Smart service business The Company had revenue from Smart service

operation, while incurring an insignificant amount of total liabilities. The Company and its subsidiaries recorded a debt to equity ratio of 0.13 times. Yours sincerely, Mr. Songwut Sakchalathorn Chief