epidemic has resulted in the economic slowdown in the first quarter which caused demand for real estate to decrease. In the first quarter of 2020, the Company launched 2 new housing projects with total

buildings were newly completed and introduced to potential customers. Due to the accounting standard, the company had to amortize leasehold rights of these new warehouse/ factory buildings. However, the

Development in 4Q18 In December 2018, the Board of Directors of the Company approved the establishment of a new subsidiary, Dusit Hospitality Services Co., Ltd. to accommodate the projects on hospitality

. The difference in the exchange rate as mentioned affects the growth approximately 5-10%. Towards the end of the year 2016, the Company invested in a new factory building in response to the increasing

/2016, the Company set up another subsidiary namely Halcyon Tools and Engineering Co., Ltd. (HENG) as a distributor in the Eastern region. The new subsidiary has part of its customers transferred from

with a revenue growth of 35.64% in the three-month period in Q1/2018 compared to previous year. Towards the end of the year 2016, the Company invested in a new factory building in response to the

in orders in the first half year, which is expected to recover in Q3/2018. Towards the end of the year 2016, the Company invested in a new factory building in response to the increasing demands from

of recovery in Q3/2018 after the sluggish economy in the first half-year resulting in the drop in orders in Q1-2/2018. Towards the end of the year 2016, the Company invested in a new factory building

/2018. The company is constructing a new recycling plant in Lampoon. The new plant will be used for managing waste in Northern part of Thailand. The new plant in Lampoon will lower managing cost and

command of government since March 22, 2020. this situation has affected to decrease in the Company’s revenue dramatically. However, in this quarter, the Company had launched the new collections such as