of the previous year. The increase is owing to the increase in the profit of Hongsa Power Company Limited, a joint venture, in a portion of 40 percent. In addition, the acquisition of RATCH
Project with capacity of 7,500 cubic meter per day in WHA Eastern Industrial Estate achieved Commercial Operation Date in 3Q’18. Power Business In 2018, our Share of Profit from Investment in Associates and
Memorandum in relation to Related Parties Transaction Re: the Disposal of Rights under Loan Agreement, Share Pledge Agreement and Memorandum of Understanding re: the Feasibility Study for the Solar Power Plant
products and services, resulting in greater bargaining power. Furthermore, business expansion will be an essential strategy for the Company to drive business growth and making more profit and being stable in
”. 1.2 Establishment of Hin Kong Power Holding Company Limited and Hin Kong Power Company Limited On May 24, 2019, the Company has established Hin Kong Power Holding Company Limited (“HKH”), which is the
amount of 195.86 million Baht, an increase of 15.57% from year 2017, which had revenue from services amount of 169.48 million Baht from branch expansion and increasing customers. 4. Cost of services In
million baht or 17. 01% . The increase was due to additional of borrowing to support hire purchase loan expansion and maintained the company interest spread. For the provision expenses for the fourth
investment in a medium-sized booth of the painting segment to support new orders during the late of year, the expansion of the building and warehouse at Chonburi branch to support business expansion and to
facilities finance institutions to facilitate the expansion of the business Net profit (loss) The company recorded a net loss of 39.60 million Baht for the year ended December 31, 2018, an increase in net loss
, the total liabilities was 41,284.92 million baht and the total equity was 7,691.26 million baht which from the continuously expansion of hire purchase loans and related services. Illustrative stability