accounted for Baht 388,069 million and Baht 383,701 million, respectively, increased by Baht 3 million or 1%. This is mainly because of the increased sales and the production quantity. However, the percentage

of share of profit (loss) from investments in associates and joint ventures are as follows: Name Shareholding percentage Share of profit (loss) for Q1-2019 Share of profit (loss) for Q1-2018 VSPN

Baht 759 million, respectively, increased by Baht 41 million or 5%. This is mainly because of the increased in direct labor and overhead for manufacturing costs. However, the percentage of revenue and

5%. This is mainly because of the increased in direct labor and overhead for manufacturing costs. However, the percentage of revenue and cost of sales comparing to Quarter 2 in - 3 - 2019 decreased as

solutions provider market. Selling and Administrative expenses as percentage to sales in Q2/2019 were 39.8% increased by 5.8% comparing to the same period at the previous year. 5 Financial costs Financial

of new staff hire for the distress debt expansion and commission paid. However, the percentage of cost of services to revenues was declined significantly. This was because the enhancement of efficiency

recognized doubtful debt for this amount in full. 3.4 Details of Share of profit (loss) from investments in associates and joint ventures are as follows: Name Shareholding percentage Share of profit (loss) for

in Malaysia. Cost of sales and services increased by only 1.2 percent while sales have increased by over 3 percent. As a result, gross profit margin as percentage of sales continuously improved, from

construction of a filter and plumbing installation in the Philipines, according to the percentage of completion method. 3. Income from the water management business are categorized into two types. 3.1 Income

and Accrued construction cost. • Contract liabilities decreased by Baht (6) million because percentage of completion of engineering realize in accordance with billing amount. The group’s equity