so interest expenses have decreased. -3- (7) Statements of Comprehensive Income Profit for the year 2017 was amounted 4.38 million Baht compared last year was loss amounted 23.82 million Baht, a

expenses (21,310) (23,658) (2,348) (9.9) (31,110) (26,080) (5,030) 19.3 Profit for the year 84,318 88,837 (4,519) (5.1) 111,074 103,007 8,067 7.8 Other comprehensive income Actuarial loss-net of income tax

pressuring net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to

and administrative expenses; 3) higher finance costs due to investments in machinery, and joint ventures in Thailand and overseas; 4) higher depreciation of investments in machinery and 5) non-cash, one

Public Company Limited Seller : PVS Machinery (Thailand) Co., Ltd Shareholder name Mr. Vimol Hawanit 38.00 % Miss Sawangjit Hawanit 30.00 % Mr. Sumet Hawanit 30.00 % Mrs. Bang-On Hawanit 2.00 % Total

Innovation Public Company Limited Seller : PVS Machinery (Thailand) Co., Ltd Shareholder name Mr. Vimol Hawanit 38.00 % Miss Sawangjit Hawanit 30.00 % Mr. Sumet Hawanit 30.00 % Mrs. Bang-On Hawanit 2.00

mortgage and encumbrances i.e. building structure, machinery, materials equipment and non-used equipment, etc. of Tak Smelting Plant as follows; 1. Date of Transaction : Within August 2019 2. Related parties

to support business expansion and to reduce some of the rental costs. In addition, the company invested in machinery and equipment for a new branch in Jiangsu, China. While current assets decreased by

12.54 29.06 9.15 Other comprehensive income Item that will not be reclsifield to profit or loss : Actuarial gains on defined employee benefit plans (1.90) 0.74 Income tax relating to component of other

) (0.06) (0.65) (0.20) Profit before income tax expenses 60.95 16.21 40.27 12.68 Income tax expenses (13.82) (3.68) (11.21) (3.53) Net profit for the period 47.13 12.54 29.06 9.15 Other comprehensive income