THB respectively with the gross margin 15.55% and 13.27%. In the first half of 2017, the Company reports the decrease of gross margin at 13.27% resulting from lower margin in some supply orders awarded

three-month period ended March 31, 2018. The period-on-period drop in finance costs in the three-month period ended March 31, 2018 was because of a principle payment. Net profits The Company booked net

-month period ended June 30, 2017 and Baht 1.02 million in the six-month period ended June 30, 2018. The period- on-period drop in finance costs in the six-month period ended June 30, 2018 was because of a

in Q2/2018 decreased THB 1.19 million in total in the six-month period in Q2/2018 compared to previous year from the adjustment in customer base in Singapore and the Philippines, resulting in the drop

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

and indirectly, would drop from 99.99 percent to 79.52 percent. Therefore, the IFA views that the disposal of WIE shares and the acquisition of NAUTIC shares constitutes consideration for the sale of

Power Plant: Although the revenue in Q2/2017 decreased by 11% due to the decline of Energy Payment (EP) from the decrease in submitted electricity volume to Electricity Generating Authority of Thailand

of previous year by 3.92 percent, net profit in the 1st quarter 2018 of Baht 140 million, which increased from the same period of previous year by 3.28 percent, due to the decrease in depreciation

- denominated debt. Economic Outlook for 2020 In 2020, Thailand’s economic growth will likely slow to the range of 1.9 - 2.3 percent on account of several challenges. External factors include a sharp drop in

hereby clarifies the changes in the performance as follows: FINANCIAL PERFORMANCE Consolidated Financial Statements 2016 2017 Increase/(Decrease) THB mm THB mm THB mm % Total Revenue/1 19,325.0 12,410.0