year 2017, increasing by Baht 866.54 million, or 15.5 percent. The significant transactions were as follows:- Management Discussion and Analysis For the Year Ended December 31, 2018 Page 8 2.1 The Effect

continuous decline in global HRC prices and concerns about the growing spread of global epidemic of COVID 2019 towards the end of 1st quarter of 2020. This also resulted resulting in slowing orders from

million baht or 30.55%. The increase from the revenue from services by the Company, as a result of continue increasing demand of Non-Destructive testing service from construction and fabrication sector. And

. This is result from the world steel price trend increasing from the same period of last year. 2. Cost of goods sold and service was Baht 1,853.02 million, increased Baht 283.60 million or 18.07% from the

same period last year by 18.76 million Baht or 20.78%. The increase from the revenue from services by the Company and subsidiaries, as a result of increasing demand of Non-Destructive testing service

last year. 2. Administrative expenses were Baht 92.09 million; increased Baht 16.71 million or 22.17%. This is result from increasing provision for retirement benefit under new labor law and increasing

Million or 1.76% when compare to the same period of 2018, due to the increasing of the quantity of Sales. 2. Gross profit was Baht 160.06 million or 11.66% which increased from the same period of 2018 that

from the same period last year by 45.66 million baht or 54.69%. The increase from the revenue from services by the Company, as a result of continue increasing demand of Non-Destructive testing service

N.C. Property Management Co., Ltd. (NCPM), a subsidiary of the NCH (99.99% of NCPM’s shares held by NCH.) to enter into a Joint Venture agreement with The Care and Health Group Limited Partnership

and subsidiaries thus reported Baht 90,484 million in operating profit before provision expense and income tax expense, rising Baht 935 million, or 1.05 percent, over-year. The increase was derived from