the appointments distributors and agents in Mexico, Chile, Brazil, Peru and Egypt, we have realized some repeated orders which means these are potential markets. We will work hard to maintain our market

and distribution cost is a higher cost work than the production and distribution of water. 5 . Selling expenses in the quarter 1/2019 decreased from the quarter 1/2018 by Baht 2 .95 million or 23 .75

customer base and gross profit margin, revenue from project works and services were increased from those on-going projects in 2018 and from project work that was added in 2019. Gross Profit and Gross Profit

and revenues from warranty of work. Cost of Construction The company and its subsidiaries’ cost of construction in 2019 was Baht 167.08 million, whereas Baht 17.54 million in 2018, increasing Baht

increased Baht 148.4 million. 4. Inventories increased Baht 69.8 million, mainly caused by increased of work in process Baht 45.2 million, raw materials Baht 21.7 million, supplies Baht 28.6 million

Baht increased or 24.03 percent when compared to the same period of previous year had 184.42 Million Baht due to subsidiaries has more delivered of work than the same period of previous year 2  Revenue

nearly the same, there is no significant change. Most of them are revenues from interests and revenues from warranty of work. Cost of Construction The company and its subsidiaries’ cost of construction in

nearing completion. Moreover, projects that are operating at still the beginning stage thus, the Company is able to recognize revenue only in proportion to the success of the work. 2. Cost of construction

increased of finished goods Baht 85.0 million, work in process Baht 0.2 million, supplies Baht 6.0 million, decreased of raw materials Baht 54.4 million and goods in transit Baht 18.0 million. -2- 5

water management work, and made the average cost increased. 6. Selling expenses for the quarter 1/2018 decreased from quarter 1/2017 in amount of Baht 2.95 million or 17.85% from decreasing in sale