., Ltd. (“WCIG”) decrease from last year because the company changed in business model from company owned to franchise model since 2017. In addition, due to highly competitive (both direct and indirect
than previous year as well as better cost management. Current Baht to Dollar in this year is around 31.3-33.6 Baht. In addition, Baht to Dollar in previous year is around 32.7-36.1 Baht. Other incomes
used in investing activities mainly resulted from payment for the M&E equipment of the MRT Blue Line Project in the amount of Baht 1,993 Million and addition investment in subsidiary in the amount of
international power developers, namely the Glow Group, the Gulf Group, the B. Grimm Power Group, SUEZ, the Gunkul Group, and Mitsui and Tokyo Gas. In addition, WHAUP has also developed and operated its own
298.47 million. In addition, the cash flow hedge reserve decreased equity in the amount of Baht 276.10 million. Management Discussion and Analysis For the 1st Quarter Ended 31 March, 2019 Page 8 4
, respectively, an increase of 22.25%. The gross profit margin for the three-month period ended 31 March 2019 and 2018 was 43.65% and 44.92%, respectively. In addition, the Company has an outstanding backlog as of
-Presso launched supports. However, admin expenses increased by 29.6% YoY due to low amounts from several reversals last year e.g. reversal of provision for Kenya; in addition to higher benefit accrual in
(does not include other income) 3.1. Analysis of Q1 2019 in comparison with Q1 2018 results Although there was a deterioration in health and safety there has been an addition to the team in order to
Businesses/Assets come with 269 patents with further 191 patents pending approval. In addition, the Transaction shall be a combination of business and asset purchase. In case of equity purchase, there will be
depreciation of plant and machinery that contributed to higher share of cost of goods sold. In addition, the Company executed sales promotional campaigns for slow moving inventories that accounted for lower