2020 MD&A 6  We are seeing a trend in industry that due to poor margin number of cracker, PO/MTBE projects have been delayed to conserve cash; this will help to restore the margin to replacement

5,870,000 ordinary shares with the par value at THB 100 per share. RPV operates as a holding company with the main objectives to invest in solar power plant projects in Thailand and also as a producer and a

period. While the interest arising from the loans for investment in the second phase of Hydrant pipeline system expansion project at BKK of TARCO and NFPT Project will be capitalize in the projects' cost

, sales & marketing expenses for the launch of new residential projects, write-off/impairment of asset, one-time income/expense, etc. Residential Business As the Company’s high-rise projects – namely ‘The

from steel structure manufacturing ratio in 3rd quarter of 2019 rose 35.10 QoQ resulting from condition to sorting tower before delivery in some projects cause additional labor and operating cost

prior year. Caravans have been rendered in music festivals, sport events, tourism and various projects. Operating Results Overview Operating results of the Company for the year ended 31 December 2019 and

from the development in the business for sale, especially condominium projects, which the Company had completed construction since the Q3/2019 of last year. In Q4/2019, the Company delivered the

, Gulf WHA MT has 2 projects located at Hemaraj Eastern Seaboard Industrial Estate 2 and Hemaraj Eastern Seaboard Industrial Estate 4. The investment for each project is made through special vehicle

ended 30 September 2017 increased by Baht 48.34 million or 10.39% compared to the same period of previous year. The mainly reasons were the domestic sales decreased from OEM projects (Toyota) and export

of 160.80 million baht vary by amount of projects that the company has delivered to the customer thus there is recognition of all remaining expenses of closed 4 projects in accordance to purchasing