expanded at a slower pace compared with the same period last year due to a contraction in merchandise exports resulting from uncertainty in the trade policies of major countries and the Baht’s ongoing

additional employee benefits at the amount of approximately 7.7 million baht in administrative expenses in order to comply with the Labor Protection Act, revised and announced in 2019. The profit before

weaken. Although the government has policies to help the cost of living of people at the grass-roots level, it focuses on spending of the essential consumer products only. In addition, there was a factor

lease payments and is subjected to an interest rate and decreases as lease payments are made throughout the periods. b. Right of Use (ROU) is recorded under assets (property, plant and equipment) at the

, the Company recorded dividend income in the amount of THB 540.27 million. Management Discussion and Analysis For the 1st Quarter Ended 31 March, 2020 Page 9 3.2 Analysis of liabilities and equity As at

income includes net fees and service income, gains (losses) on financial instruments measured at fair value through profit or loss, gains on investments, dividend income and other operating incomes. In the

of 2016 was decreased. As at 30 September 2017, the Group has backlog for construction service in oil and gas sector totaling of 1,157.39 Million Baht. 3. Testing and Inspection service increased from

in oil and gas construction service The Group’s total shareholders’ equity as at 30 September 2017 was 844.12 Million Baht decreased from 31 December 2016 which was 857.63 Million Baht because dividend

2017, the Group has completed property construction service, the property construction service income for the year compare to last year was decreased. As at 31 December 2017, the Group has backlog for

quarter, the company has controlled the selling and administrative expenses for more efficiency. However, the Company and its subsidiaries have set aside provision for additional employee benefits at the