expense was decreased because of the reduction of allowance of doubtful debt since the company had strictly control of debt collection. Financial Position Total Asset As of March 31, 2020, the company has

margin from sales and -64.89% of gross profit margin from services. The main reason for the decrease in gross profit margin was from services segment due to higher actual construction cost than what was

account for 19.83 percent of the total assets with 82.88 percent not yet due for payment. The Corporate Group has established policy for setting provision or allowance for doubtful debts which is based on

than in 2017 which mainly supported by acceleration of global economy growth. Moreover, expansion in private consumption, export growth, and private investment from last year was due to higher consumer

2018 primarily due to the US-China trade war and global uncertainty contributed negative impact on export growth. The growth of credit card business in Thailand continue expansion due to overall economic

Profits increased 191% to THB 483m in Q1 2020 from THB 166m in Q1 2019. Net Profit decreased 33% to THB 204m in Q120 from THB 303m in Q119, due to a THB281m loss incurred on our hedging positions. Quarter

% 65% 5,646 7,933 301 1,456 5,651 8,988 513 1,984 0% 13% 70% 36% Total Revenues 5,225 5,664 5,979 6% 14% 15,335 17,136 12% Operating and administrative expenses and others Bad debts and doubtful accounts

due to an increase in Allowance for doubtful accounts of Baht 10.0 million resulting from liquidity problem of one major accounts receivable, whereas there was no such transaction in 2017. The interest

be Baht 32.3 million in Q2/2018, or 6.46% increased. This was due to an increase in Allowance for doubtful accounts of Baht 3.6 million resulting from liquidity problem of one major accounts receivable

year. (3) Gross profit The Company and its subsidiaries’ total gross profit were Baht 13.94 million, which increased from the same period of previous year by Baht 13.63 million due to an increased in