to support business expansion and to reduce some of the rental costs. In addition, the company invested in machinery and equipment for a new branch in Jiangsu, China. While current assets decreased by

additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, for the Company’s sustainable growth in the future. However, some investments

net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to prepare

. Cost and selling and administrative expenses in 2016 decreased by 74 million Baht compared to the previous year. The main reason was the decrease of cost on raw material and machinery maintenance

investment in machinery to improve production efficiency and reduce production cost, in order to prepare for an increased level of production in the future.  Q3/2017 net profit rebounded remarkably by 27% QoQ

Million Baht was 22.79 Million Baht or 92.92% lower from the last year. In 2016, The Company's profit from the sale of machinery and equipment manufacturing is not in use to outsider 10.88 Million Baht and

to the investment in machinery of new production line, and Intangible assets increase Baht 0.92 million due to upgraded the accounting software to current version. 2. Total liability, the company had

E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business sector remained challenged by new modes of competition in a broader marketplace amid the advancing digi...

, 2.39 million baht or 94.68 percent due in Q2 2016, the Company sold its investment by LAO recorded an allowance for doubtful accounts of Accounts receivable from the sale of machinery, 2.50 million baht

company shares losses from associate company Grace Water Med Co., Ltd. number of 1.48 million baht due to the construction of the plant and machinery, which is expected to have revenues from the sale of the