major shareholders owing a large amount of unpaid debts, causing a significant impact on the applicant's financial statements; (3) failure to examine the disclosure of material information in the IPO

profit in Q1/2009. The information was significantly different from the company's previous records showing profit in every quarter during the past three years (2007-2009) and thus considered material to

still has carried on offering new products continuously which is an innovation of power saving in Air Conditioner (WATER INT PAD: Water Intelligent). In addition the Company still development quality of

Air Conditioner (WATER INT PAD: Water Intelligent). In addition the Company still development quality of product and service followed by client’s standard that appropriate with their business. The

Intelligent Communities” On January 8, 2020, the Company, Thammasat University, Nava Nakorn Public Company Limited, and ALT Telecom Public Company Limited have entered into a Memorandum of Understanding (“MOU

arms’ length and after the close, Continental will not have any claims against the Company. This disposal of asset transaction is not considered as material transaction, as the highest value of

increased to 14.8% when compare to the same period of 2016 which gross profit margin was 11.73%. Due to price of the raw material in stock was lower than the average market price. 3. Selling expenses was Baht

the same period of last year, while sales volume decrease, due to higher raw material cost. Selling expenses increased 57.89 percent from the same period of last year, due to higher transportation cost

respectively. The company has increased a little of finance cost from liabilities under trust receipts for purchase of raw material. Net Profit The Company incurred net profit in 2016 and 2017 amounting to THB

the previous year due to decreased raw material prices and rapid Thai Bath appreciation. 2. Sales cost to revenue ratio decreased by 1.66% (from 95.81% to 94.15%) because the cost of raw materials has