million baht, down by 5.50 million baht or 0.30% because the account receivables increased in line with the rise in revenue. Most receivables were undue receivables. The value of net property plant and

exchange fluctuations and causing to slower sales to the countries that have suffered the most such as India, Pakistan, Iran, Indonesia, and many more. However, the Company continues to expand the

2018 was 2,612 MTHB, slightly increasing by 7 MTHB comparing to 2,605 MTHB at the end of 2017. Most of the receivables were not yet due. For the corresponding bad debt, the Company and its subsidiaries

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

6 months of this year. This caused most developers to delay launching new housing projects as well as speed up the sale of housing inventory. Unavoidably, these created price competitiveness among the

receivables at the end of 2019 was 2,332 MTHB, decreasing by 280 MTHB comparing to 2,612 MTHB at the end of 2018 due to decline of products’ selling price with good collection performance. Most of the

term L Short- et Managemen 31.71% fro d managem Profit mpany had nt gross pro tly lower tha as 76.32 m eriod last ye and Admin mpany had million baht, end of 2017 . Most of th ployee expe ary of Financ

 interest bearing debt.  Cash reserves and financial investments at the 30th June 2017 were THB 10.0 billion up from 30th June, 2016 were THB 9.5 billion.  Asset Quality Accounts Receivable Most of customers

of Baht 337.30 million. Administrative expenses increased of Baht 14.94 million (Most of the costs will be as staff salaries. Auditing fee and financial advisory fee) and financial expenses increased

(9.1%) 1. Revenue from sales and contract work 1.1 Turnkey Total Solutions decreased from the same period of prior year as a result of economic slowdown which impact most of projects to postpone their