which require additional staff and rental expenses. In order to be well prepared to operate the company’s new branches, new recruits need to be hired and trained 70 - 90 days in advance. For the first

total selling expenses per total revenue effectively. The part of the staff expenses came from the well prepared for opening new branches, thus, staffs had to train 70- 90 days in advance. The company had

10.9% Non-Current liability 28.99 2.4% 30.10 2.3% 1.11 3.8% Total liability 106.34 8.7% 115.85 9.9% 9.51 8.9% Net Asset 1,119.64 91.3% 1,160.66 90.1% 41.02 3.7% Equity 1,119.64 91.3% 1,160.66 90.1% 41.02

million THB. As a result of the above reasons, the interest bearing debt to equity ratio and the debt to equity ratio have increased from 0.41:1 to 0.51:1 and from 0.64:1 to 0.71:1 as of 31st December 2018

% 9.45 12.2% Non-Current liability 28.99 2.4% 34.54 2.7% 5.55 19.1% Total liabilities 106.34 8.7% 121.34 9.4% 15.00 14.1% Net Assets 1,119.64 91.3% 1,167.17 90.6% 47.53 4.2% Equity 1,119.64 91.3% 1,167.17

the period to Equity holders of the Company 1,508.2 22.7 1,457.9 21.5 (50.3) (3.3) หนา 2 ของ 5 I Revenues In conclusion, the Group has total revenues during the six-month period ended June 30th, 2018

1,119.64 91.3% 1,167.17 90.6% 47.53 4.2% Equity 1,119.64 91.3% 1,167.17 90.6% 47.53 4.2% (a) Total assets Total asset as at Jun 30, 2019 stand at 1,288.51mb, an increase of 62.53mb or 5.1% . The main reason

, the interest bearing debt to equity ratio and the debt to equity ratio have increased from 0.49 : 1 to 0.50 : 1 and from 0.69 : 1 to 0.77 : 1 as of 31st December 2017 and 30th June 2018 respectively

of projects pending income recognition increased 347.15 million THB or 40.50%. As a result of the above reasons, the interest bearing debt to equity ratio and the debt to equity ratio have increased

expenses ( 284.7 ) (7.1) ( 206.2 ) (5.7) 78.5 (27.6) Profit for the period 903.2 22.4 733.5 20.2 ( 323.7 ) (35.8) Profit for the period to Equity holders of the Company 891.6 22.1 687.3 18.9 ( 204.3 ) (22.9