profit margin of 29.8% which slightly decreased from the gross profit of THB 52,635 million or a gross profit margin of 29.9% in the year ended December 31, 2017, which was driven by the increase in

million at the end of 2019 to Bt5,160 million as of March 31, 2020; short-term debt as well as the long term loan decreased due to increased cash flow from operations; trade and other current payables

Company‘s net profit increase. The Company’s Interest Bearing Debt to Equity Ratio was 2.20 times decreased from the ending of 2019 which equal to 1.68 times. This was a result of debenture issuance on 5

Company’s interest expenses decreased by Baht 4.62 million from reduction in borrowing. In this quarter, the Company also received debt repayment from the securities business receivable and reversed the

of electricity generated by SAAM Group’s solar power project operating in Thailand amounting to THB 0.31 million. Moreover, SAAM Group has decreased administrative expenses following decreases in

, equaled to 2.31% of the total revenue from operations. The revenue from hotel operations decreased by THB 9.02 million (YoY -32.55%) compared to the first quarter of 2019 which the revenue was THB 27.70

. Administrative costs and management compensation were THB 13 million in the second quarter of 2020, which decreased by THB 5 million or 29% from the same period last year, because of high employee benefit expenses

, a decrease of Baht 32.56 million or down by 1.07% as compared with the same period of previous year. The decreased factors were mainly expenses associated with operating performance, depreciation cost

period of last year, which decreased in accordance with the decrease in loans from financial institutions since the company used a part of the proceeds from the initial public offering of ordinary shares

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