globally. 3 The launch of the ‘i-Lead’ and ‘Shadow’ internal leadership programs reiterated our attention towards en- hancing internal capability and strengthening our management bench strength. The Board of
Baa1 Baa1 Subordinated Debt Instrument Baa3 Baa3 Baa3 Financial Strength (BCA) baa2 baa2 baa2 Outlook Stable Stable Stable S&P Global Ratings Long-term Issuer Credit Rating BBB+ BBB+ BBB+ Short-term
Subordinated Debt Instrument Baa3 Baa3 Baa3 Financial Strength (BCA) baa2 baa2 baa2 Outlook Stable Stable Stable Standard & Poor’s Long-term Counterparty Credit Rating BBB+ BBB+ BBB+ Short-term Counterparty
Long-term Deposit Baa1 Baa1 Baa1 Short-term Deposit P-2 P-2 P-2 Senior Unsecured Debt Instrument Baa1 Baa1 Baa1 Subordinated Debt Instrument Baa3 Baa3 Baa3 Financial Strength (BCA) baa2 baa2 baa2 Outlook
considered a positive factor that shall enable the Company's operating performance to grow continually in the future. 2019 was considered the year that the Company had a remarkable performance and achieved the
focus on increasing the efficiency of the manufacturing process, control cost and expanding its customer base for new production lines, as well as maintaining its existing customers to enable the company
transfer. This enable the company to recognize the sales revenue in this period. On the other hand, the sales of Town Homes was 31.85 Million Baht, decreased by 30.29 Million Baht, or down by 48.74% Cost of
expanding its customer base for new production lines, as well as maintaining its existing customers to enable the company to make a profit from the operation. Please be informed accordingly. Sincerely yours
, which enable the company to recognize the sales revenue in this period. On the other hand, the sales of Town Homes was 34.34 Million Baht, decreased by 42.54 Million Baht, or down by 55.33% Cost of real