business by subsidiary which previously only focused within the group to the company outside the group. The revenue from construction service which recognized in the first quarter of 2019 has mostly come

loss statement. - Financial costs increased by THB 12.36 million or 17.58% comparing to the same period of last year. However, financial costs increased only THB 17.13 million or 11.97% for the first six

installed in the past year. However, the main variable costs including raw materials and consumables used decreased from the previous year as the production slowed down. The only selling and administrative

June 2018 30 June 2017 Sale and installation of the pipeline business group 646.76 756.45 Water management business group (only amount to be recognized in year 2018) 124.68 49.18 Total 771.44 805.63

used in the operation for export sales, has changed by decreased only 0.3% from sales per USD of the same period in the prior year. The main reason for sales in Thai Baht dropped was from the exchange

new head office. All of these are non-cash expenses. If the Company excluding one- time expenses as above, the expenses of revenue from sale and service was 14.66%, only 0.78% higher than the same

in Malaysia. Cost of sales and services increased by only 1.2 percent while sales have increased by over 3 percent. As a result, gross profit margin as percentage of sales continuously improved, from

only. The voice of the speaker is considered. 4. Connected Transaction As F & S 79 Company Limited is a major shareholder of the Company and RAM, holding 10.54%The Company holds 14.61% There are also

from construction income is 23.88 million baht, while in the year 2018, revenue was 59.13 million baht, a decrease of 35.25 million baht or 59.61% decrease. There are only 3 projects under construction

. Hirotaka Abo 4) Mr. Takeshi Oshima 5) Mr. Tomohiko Kasai 6) Mr. Yasumichi Tazunoki 8. Connected Transaction Reason : - According to this assessment, not only cash flow management will be better including the