sustain its growth. Overall, however, it was plagued by weak exports and tourism amid the global economic slowdown. Aside from these challenges, businesses had to contend with more complex competition

return and suitable for the industry, while 3rd party product for distribution amount to THB 234 million, up by THB 29 million or 14% due to greater variety of products. The Group modernize the “Carabao

of operations of the Group The Group has principally engage in distribution of product and equipment, design, assembly and installation, and maintenance service of pure water treatment system

operations of the Group The Group has principally engaged in distribution of product and equipment, design, assembly and installation, and maintenance service of pure water treatment system; including operate

forecast from the Bank of Thailand's (BOT) stating that the Thai economy will begin to recover in 2022 following the indicators of economic growth (GDP) at 3.9 percent, driven by higher domestic consumer

financial impacts from all the savings would not immediately appear in Q1/2020, the results is expected to gradually show up in Q2/2020. 2020 Outlook 3 As a response to the economic slowdown and the changes

and the announcement of the lockdown measure in May 2021 are expected to affect both the purchasing power of consumers and the level of domestic economic recovery. However, if COVID-19 vaccination can

structure 11. Corporate governance 12. Social responsibility 13. Internal control and risk management 14. Related party transactions 2.4 Financial position and operating results 15. Important financial

. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES ..................................... 12 XI. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS ..................... 12 XII. INTERESTS OF EXPERTS AND COUNSEL

summary as follows:- 1. Nature of operations of the Group The Group has principally engage in distribution of product and equipment, design, assembly and installation, and maintenance service of pure water