controlled on the selling and administrative expenses. Please be informed accordingly. Sincerely yours, (Unyarat Pornprakit) Director and Chief Executive Officer

expenses because of lower bank borrowings resulted from the decreased accounts receivable and inventories, plus the company has efficiently controlled the marketing and administrative expenses to cope with

decreased 15.2 Million Baht or 27%, the company controlled the expenses be in the suitable and the second quarter in 2019 was amended severance pay of the Labor Law amount of 11.3 Million Baht. In 2020, the

persons or a person acting on behalf of, or at the direction of, or an undertaking controlled by such persons; (3) inform the AMLO of such frozen assets; and (4) inform the AMLO of a customer or former

tower, design and distribute steel structure according to the drawing, power distribution and heat energy business, construction and tunneling contractor and distribution of industrial products. In the

to favorable energy prices. Total expenses were Baht 404.4 million, decreased by 5.2% through budget controlled measurement. However, due to the increment of temporary shutdown expenses and loss from

due to the decreased in revenue from solar cell implementation service from Combine Heat and Power Producing Company Limited (CHPP) as well as the decrease in revenue from chilled water following the

of previous year of 406.89 Million Baht by subsidiaries have decline in sales of steel wires but in contrast subsidiaries distribute electricity and heat energy has increased in sale volume  Revenue

from Ichinoseki Solar Power 1 GK (ISP1) and the decrease in revenue of solar cell implementation service from Combine Heat and Power Producing Company Limited (CHPP) following the existing projects. The

account recorded Baht 14.95 million as losses from investment in an associated company and a jointly-controlled entity, which decreased by Baht 9.70 million or 39.35%. The Company wish to explain the main