. This was mainly due to the increase of the Company’s projects which are concert event and hinoki wood products in 2019. When deducted with the total cost of THB 5.20 million which consisted of the cost

THB 17.13 million and sales revenue of THB 2.06 million, so total revenue increased by THB 18.58 million when compared to the same period of 2018. This was mainly due to the increase of the Company’s

profit Baht 16.89 million increased from the same period of the last year that had the amount of Baht 1.62 million of such gain from investment deriving from gain from investment value of Green Earth Power

entered to Assets Sell Purchase Agreement on Pace Project One Co.,Ltd and Pace Project Three Co.,Ltd to King Power Mahanakorn Co.,Ltd with the total value of not exceeding 14,000 million Baht; in the

entered to Assets Sell Purchase Agreement on Pace Project One Co., Ltd and Pace Project Three Co., Ltd to King Power Mahanakorn Co., Ltd with the total value of not exceeding 14,000 million Baht; in the

matters: 1. Approved to dispose of the assets having the total value of not exceeding THB 14,000 million to King Power Mahanakorn Co., Ltd. which is not a connected person of the Company; therefore, it

DCORP 025/2020 May 13, 2020 Subject: Management Discussion and Analysis – Explanation of net profit for the quarter ended March 31, 2020 and the increase in the overall operations of more than 20 percent

private sector contribute a high demand of skilled workers and lead to an increase in household income and consumer purchasing power (Source: Bank of Thailand). Meanwhile, a rise in average oil price in the

still has carried on offering new products continuously which is an innovation of power saving in Air Conditioner (WATER INT PAD: Water Intelligent). In addition the Company still development quality of

revenue for the same period of last year. The positive impact is a result of more projects awarded in 2017 leading to more negotiation power and efficient cost management. 1. Business Performance Analysis