of both treatment of industrial waste business division and property development business division is 342.4 million Baht compared with same period of year 2016 amounted 378.6 million Baht, decreased

nine-month period of 2015 due to usage of construction costs based on the progress of work. 4. Profit from disposal of immovable property 4.1 Profit from disposal of land held for development For the

405,446,716 units Total warrants (MILL-W4) of GEL 72,989,999 units Term of Warrants 5 years (July 2017 - 2022) Exercise Ratio 1:1 Exercise Price 2.20 Baht Exercise date Last working day of March, June September

2014 - 2019) Exercise Ratio 1:1 Exercise Price 3.00 Baht Exercise date Last working day of June and December Ratio of shares held by the Company will increase, if the Company right is exercised. 3.15% of

Million Baht, accounting for 58.60% from previous year as the revenue recognition on progress measurement method towards complete satisfaction of the performance obligation on construction service contract

enterprises customers, for example: the project of train tracking system development and cargo management of the State Railway of Thailand, the Project of Geographic Information Acquisition and Development for

and Analysis EXECUTIVE SUMMARY ABBREVIATION & OUR PROJECTSFINANCIAL PERFORMANCE FINANCIAL POSITION PROGRESS OF PROJECTS UNDER CONSTRUCTION EXECUTIVE SUMMARY 1 Q2’2020 net profit grew 62.5% y-on-y

is lower than in the six-month period of 2015 due to usage of construction costs based on the progress of work. 4. Expenses 4.1 Selling expenses For the six-month period of 2016, selling expenses

% from previous year as the revenue recognition on progress measurement method towards complete satisfaction of the performance obligation on construction service contract that has continuously awarded

acquisition Baht 175 million and the increase in deferred tax Baht 118 million while advance for construction work decreased by Baht 317 million, land and construction in progress and project development cost