public area and security. The improvement of after sale services created a good image for MK housing project. In the long run, this would increase sale of real business continuously. However, the

manage which is a portion with good gross margin. Administrative Expenses The Company had administrative expenses for the first quarter of 2020 equal to 154.8 million Baht, which was increase by 60.4

contraction of agricultural services’ GDP to 1.3%. As for the impact from COVID-19, the Company’s revenue from sales of good also effected since targeted customers, mostly end-users have less income to spend on

period of 2020, the cost of service is 426.4 million baht which is close Management Discussion and Analysis Q2/2020 Page 5/6 to last year. If it is proportionate to income The Company has good human

million baht or 15.9 percent compared with Q2/2019. The cost of good was 45.3 percent. (3) Interest income Interest income for Q2/2020 was amounted 0.2 million baht, increased 0.1 million baht or 100.0

as welding wire for galvanized steel and galvanized paint. The aim is to build strong growth and sustainable returns by practicing good governance along with developing the society, community, and

reason for the increase is due from right to use assets according to TFRS16 from office lease agreement. Cash surplus increased by 55.47mb or 34.8% due to cash flow generated from operations and good

revenue from sales. Comparing in terms of sales and gross profit, the company is still able to maintain a good market share as well as profit margin level during the economic slowdown since the previous

condition, with the factory building and office building located at Bangpoo Industrial Estate, Sukhumvit Road K.M.37, Praeksa, Muang Samutprakarn, Samutprakarn province, is a good location , convenient for

cash flow generated from operations and good working capital management. (b) Total Liabilities Total liability as of September 30, 2019 was 168.73mb, increasing by 61.42mb or 57.2% , m ainly due to the