-year, mostly due to a decrease in Honda sales. Cost of sales and services slightly increased in accordance with higher sales. Gross profit margin as percentage of sales improved from 7.62% in 2018 to

increased. Unbilled Payables decreased by 33.8 MB, representing a decrease of 7.0% from Q4–2017. Due to the delivered project in the end of Q1–2019, resulted in the unbilled payables decreased while the large

mainly indirect staff costs, office rental and depreciation & amortization. The decrease in SG&A is mainly attributed to lower office rental where the Company has entered into a long-term building lease

The decrease in account payable Quick Ratio (x) 1.68 1.93 (0.25) The decrease in cash and cash equivalents used for operating activities Return on Equity (%) 0.84 1.89 (1.05) Decrease in performance

Comparison of six-month period operating income ended June 30th,2018 and 2017 Unit: Million Baht Projects Consolidated Revenue Project Revenue Increase (Decrease) % Revenue (Million Baht) Revenue (Million Baht

in accordance to a decrease in sales revenue in this period. However, the Company has a better performance in gross profit margin from 27.34% to 27.83% in this period. Mainly came from the fact that

equipment dropped by 38.46% QoQ due to decrease in demand on products.  Other revenues comprise of revenue from sale of scrap and zinc and machinery rental. Cost of Goods Sold  Cost to revenue from

The Company’s operating result for the 1st half year of 2020, the company has revenue from sales Baht 616.5 million, decrease from the same period of last year at 29.4%. Gross profit margin is equal to

31 March 2020 Ratio 2019 Ratio Increase / (Decrease) Amount % Service revenue 646.34 100% 480.92 100% 165.42 34.40 Cost of service 531.42 82.22% 404.10 84.03% 127.32 31.51 Gross profit 114.91 17.78

second quarter ended June 30, 2020 which the details are as follows: Unit: million Baht For 3-month period (Apr-Jun) 2020 2019 Change % Increase (Decrease) Revenue from sale of goods 128.52 164.02 (35.50