are potential to implement the effective cash management right their proficiency and high experience. - Opinion of the Board of Directors and Audit Committee which is different -None - B. Purchasing Air

effective in 2019. 2.2 The decrease gross profit margin in the remaining portion resulted from the Indirect costs, most of which are fixed costs, were not decreased in the same direction of Sales. Gross

for all products. These measures would be effective in the first quarter of 2019. The growth of credit card business and personal loan business in Thailand was still growing strongly despite the

from project works and services 68.44 80.96 (12.52) (15.46) Total Revenue from Sale and Services 225.02 248.60 (23.58) (9.49) Cost of sales of goods 108.49 118.22 (9.73) (8.23) Cost of project works and

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

or should have been known, but not exceeding two years from the effective date of registration statement.” แบบ 69-FD 2 CONTENTS Page I. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS

rates during 1Q20. Interest expense totaled Baht 1,301 million, a decline of 6.1% yoy, with cost of funds declining to 2.0% for 1Q20 comparing to 2.3% for 1Q19 from effective cost management in line with

mentioned. • EBITDA margin hike to 28.3% in Q3’2019 from 1) the contributions from solar projects in Vietnam which give relatively higher EBITDA margin and 2) a 2.1% q-on-q declining gas cost per unit while

sales and service in Q1–2021 had decreased when compare to Q4–2020 due to the delivery of several large projects in Q4–2020 which was the deadline for the delivery of the contract. Cost of sales and