projects that are awaiting revenue recognition in the fourth quarter of 2019, namely Condominium projects under the brand Newera, which are developed and almost completed. It is expected to transfer rooms to
carried out in Q2/2020. Management Discussion & Analysis Q1/2020 Positive signal from Mikka Coffee Stand amidst the pandemic In Q1/2020, After You introduced and piloted new coffee stands under the brand
“After You” and “Maygori” brand • Take-home product sales from store fronts and “After You Marketplace”, as well as orders through food delivery services (portion of In- store sales : Take-home product
distribution contract with some retailer which resulted in reduced sales volume since late Q4/2017. Page 4 Sales breakdown by business and geography are as follows: Sales Breakdown by Business: Brand: Baht 833
changing the sales format from overseas to domestic. Sales breakdown by business and geography are as follows: Sales Breakdown by Business: Brand: Baht 693 million, down 3% YoY CMG: Baht 838 million, up
installation of telecommunication network and signal equipment. Related technology business In 2018, the Group generates revenue of Baht 1,858 million from related technology business, which is increased by Baht
(Decreased) Percentage Remark Sales and Services Income 2,277.55 1,925.12 352.43 18.31% - LPG Trading 773.68 773.35 0.33 0.04% 1 - Transportation 15.98 12.01 3.97 33.06% 2 - Conversion Kit Installation 4.62
product. Moreover, the company’s factory area is not enough for the installation of the new machinery, therefore, it is necessary to choose the location of the factory building and the office that made this
contracts as Subcontractor such BangPa-Kong LNG Terminal Phase 3 project (Design, manufacture, and installation of liquid gas storage tanks) the contract value of 204.12 Million Baht, and Olefins
Baht 100 per share) which is accounted for 50.00 percent of registered capital after the capital increase of ERV. ERV plan to invest in Cooling Tower System Installation Project for energy saving. Total