, selling expenses have decreased by 6.63% year-on-year. Most selling expenses vary according to sales. Core selling expenses are salaries, bonuses, sales staff commissions, travel and vehicle expenses of the

, employee and management benefits, office rental, travel expenses, and professional fees. In Quarter 1 of 2020, the decrease in administrative expenses is mainly due to (1) THB 0.59 million decrease in

-19 is therefore required to comply with the Social Distancing measures, resulting in reduced travel expenses abroad. Administrative expenses of the company for the three-month periods ended March 31

, travel expenses, and professional fees. In Quarter 2 of 2020, the decrease in administrative expenses is mainly due to (1) THB 0.59 million decrease from the expenses related to the preparation for listing

% of the total units. Transfer the right of ownership and revenue will be recognized within 2017 (Within 31 May 2017) * The project value at completion was appraised by Sasirachada Co.,Ltd

from revenue recognition by % of completion of projects which were hired on 2016 – 2017 together new projects awarded on 2018 of 11 projects. The portion of each segment revenue of 2017 – 2018 as follows

39.80 Million Baht, or or 10.63%. The main reason of revenue growth resulted from revenue recognition by percentage of completion of projects which were hired on 2017 – 2018. Since 1st January 2019, the

. However, in this period the borrowing cost is recognized as the financial cost due to the completion of the plant construction. (7) Share of profit (loss) from investment in associated company and joint

business. Financial Cost Total cost of financing primarily resulted from interest costs in association with project loans, which are capitalized as development costs for respective projects till completion

projects till completion. Thereafter, such interest costs will be recorded as finance costs in the Statement of Income. Upon project completion, loans are repaid in installments along with transfer of