percent from the previous year, mainly come from 1)Customers delay some of the project construction plan, thus it is not possible for making construction and revenue recognition 2)The economics slowdown due

decreased by 1.6% due to depreciation of plant and equipment. Total liabilities increased by 1.5% from the recognition of severance payment for labor retirement benefits. Total shareholders’ equity decreased

as compared to last year and this was mainly due to the following: • The overall revenue from hotel operations which comprise of hotel, golf and retail operations increased by Baht 174 million over the

9.3%, mainly due to repayments of short-term and long-term loans during the period. Total shareholders’ equity presented at Baht 1,854.1 million, increased by 9.4% from the recognition of gain on land

% YoY from sales recognition of new and some existing products. This was mainly due to financial statement adjustment in accordance with new Thai accounting standards. According to the previous accounting

HR solutions. HR solutions grew by THB 26.27 million or 15.04% from the recognition of license income and implementation fee from projects in Thailand and Malaysia, as well as, moderate growth in

decreased of Baht 2.55 million resulted from a decrease in recognition of share loss from associated company of Baht 2.55 million. Therefore, The Company would like to report the reviewed/audited operating

Baht 94.62 million due to beginning of solar energy revenue recognition since January 2017 at the generating capacity of 16.47 MW. Selling and administration expenses Selling expenses decreased by Baht 2

driven by the continued growth in construction industry and further renovation/expansion of retail stores and new Shopping complexes despite revenue recognition delays from some turnkey projects to next

mainly due to the followings: (a) Lower contribution margin recorded resulted from unfavorable model mix; and (b) Higher tax expense recorded during the 3-months period ended 30 April 2019 by Baht 2.82