increased Y-o-Y mainly because of an adjustment of staff costs and retirement benefits and an increase in R&D expense. Net Profit The Group reported a consolidated net profit of Bt424.8 million in 1Q20

higher than the first quarter of 2019 19.4%. This was because of an increase in employee expenses and expenses related to the insurance business. The Company’s gross profit for the first quarter of 2020

revenue from sales. The company has a higher gross margin comparing to the same period from 15.5% to 23.4% because the company is able to manage production efficiently from the opening of new factories

Company’s other income were THB 2.85 million, decreased by THB 4.80 million or equivalent to 62.75 percent compared to the same period of last year. Because in 2019, the Company using the cash received from

base compared to the same period of last year, Revenue from project work and services decreased. Because such income depends on value of fire fighting contractor projects each year. Gross Profit and

quarter of 2017 accounted for 12% of total revenues, slightly decreased from 13% in the previous year. This was because the Company’s policy is to manage liquidity risk and interest rates fluctuation risk

in legal proceedings and we shall not deny the existence of such information only because it is in an electronic form. 2 . We acknowledge and agree that if we change the information on the names of the

the legal proceedings and we shall not deny the existence of such information only because it is presented in an electronic form. 4 Clause 2 We acknowledge and agree that if we change the information as

can be referred to as evidence in the legal proceedings and we shall not deny the existence of such information only because it is presented in an electronic form. 4 Clause 2 We acknowledge and agree

, services expenses were THB 5.10 million, decreased by THB 1.73 million or -25.35% YoY. The decrease was because, during 2021, the Company has organized activities to publicize the Company’s information