profit and more leverages. In addition, the improvement of return on equity was partly from the decrease of shareholders’ equity as mentioned above. For the financial risk perspective, despite the higher

year; even though HM was not affected by the overall economy as much as the related companies in other segments. However, because HM partly manufactures its products to support the Company, when the

Company and its subsidiaries recorded Baht 82.51 million and Baht 69.45 million, respectively, increased by Baht 13.06 million or 18.80%, partly due to the recognition of revenue of the Company. Universal

3 0 , 2 0 1 8 and June 3 0 , 2 0 1 7 , Our Company had a total of 85 .47 million Baht and 71 .76 million Baht, respectively. With an increase of 13 .71 million Baht or 19.11%, partly due to the

-durable and semi-durable goods contracted partly from the decline in farm income both in terms of agricultural prices and production. Private investment also expanded by investment in machinery and

, increasing 4.84 million baht, or 10.19% from the same period in 2018. Since HM partly manufactures its products to support the Company, when the Company’s production dropped in the first half of the year, HM

confidence coupled with the already high household debt level. Nevertheless, the non-durable goods increased partly from the rush in purchase of consumers goods due to the concerns on the COVID-19 outbreak

under the intangible asset account included with land for construction) of which the construction has been partly executed and currently waiting for an additional approval of pipeline construction. 2

2020 had a revenue to external customers of 20.70 million baht, increasing 6.10 million baht, or 41.74% from the same period in 2019. Since HM partly manufactures its products to support the Company

. Nevertheless, the non-durable goods increased partly from the rush in purchase of consumers goods due to the concerns on the COVID-19 outbreak. Private investment continued to contract in all investment