million 3. Management Discussion and Analysis 3.1 Sales and service income for the first quarter of 2018 has increased by Baht 160.36 million or 171.23% when compared to the same quarter of 2017 due to the

previous year due to the following reasons; - For the sector of vehicle parts, the sales decreased 34 million Baht compared to the previous year due to the following reasons;  The sales of parts for

year 2018 amounted to THB 836 million which loss higher than last year mainly due to HRC selling price is stable whilst the cost for import scraps is continuous increase. However, for the year 2018, the

the year 2018 amounted to THB 836 million which loss higher than last year mainly due to HRC selling price is stable whilst the cost for import scraps is continuous increase. However, for the year 2018

(THB mn) 31 MARCH 2018 (Restated) 30 JUNE 2018 Not yet due 647 619 Up to 6 months 164 241 Over 6 months 22 22 Total 833 883 % of total receivables 77.3% 75.8% Allowance for doubtful debt 36 35 % of total

% from the same period of the last year due to a forex loss of 6.01 million baht and a reversal of doubtful accounts 1.50 million baht. Administrative expenses in the first half of 2017 increased by 8.43

of cost of goods sold so cause gross loss. Total revenue decreased due to the decrease of sale volume and selling price. Sale volume decrease cause by production volume decrease. Both company and

quarter 2/2019 , the net profit was Baht 0.72 million, compared with the net profit of Baht 8.39 million in quarter 2/2018, decreased by Baht 7.67 million or 91.42% due to the major reasons as follows

) Finance costs 14.89 (1.56) 14.89 (1.56) Bad debt and doubtful accounts (reversal) (0.05) 0.05 (0.05) 0.05 Other expenses 204.88 (7.13) 226.22 (8.85) Total expenses 683.68 (85.46) 685.85 (92.01) Profit

repayment from the securities business receivable, and therefore reversed the allowance for doubtful account of Baht 10.06 million in this quarter. The consolidated operating result for the six–month period