new factory that incurred as a result of lower-than-normal production capacity. Compared with the administrative expenses in 1Q20, a decrease of Baht 1.36 million or 4.48% is observed, and this is

increased from year 2019 by Baht 14 million due to the recognition of expenses such as employee costs and others of new investment in Food Industry in January and August 2019. However, the rental and service

corresponding production plan. Besides, the Company has strived for the research and development in new products to support the new markets continuously, as well as has consistently paid attention on the

the first 3 months of 2019 because during the period, ICE had a limitation in finding new customers and the main factor was the spread of COVID – 19, some customers postponed the purchase decision

. Resolved to propose to the 2020 Annual General Meeting of Shareholders to consider and approve the increase in the number of company directors from 10 to 13, and the appointment of 3 new directors below: 1

major company’s customer espeacially in real estate sector delay in launching new projects. The recognition of construction and services for the first six months of 2020 mostly come from the large

to the COVID-19 epidemic, thus major company’s customer espeacially in real estate sector delay in launching new projects. The recognition of construction and services for the first nine months of 2020

  new  building  depreciation. Selling, General & Administrative expenses (including Depreciation and amortization) are Baht 52.74 million or 59.24% increase year-over-year from Baht 33.12 million in 3Q18

Baht 5.01 million or 16.05% as compared to the same period in 3Q18. Such increase was due to an increase in staff costs and the reclassification of fixed costs at the new factory which incurred as a

the customer with gross margin. Vacuum Forming: Revenue amounts to 87.2 Million Baht, decreased by 24.2 Million Baht or 21.7% compared to the previous year as this year has new strategy to move away