because the Company reviewed credit line for customers who never have cash revolving credit line to inline with their new income that resulted an increase of the new revolving loans spending 27% from

the street, in office buildings and in shopping malls. These changes have resulted in the significant growth of outdoor and online advertising and the decline of traditional media, as brands and clients

million Baht and 12.42 million Baht respectively, due to the lower sales from the high competition in foreign markets and decreasing purchase orders of our customers as the world and Thai economic

residential condominium units in the statement of comprehensive income when the real estate project has been completed and transferred to the customers. MahaNakhon Project: The Company sold 4 residences of the

to increase the income of selling product through the customers of Duwell Intertrade Co., Ltd. And savings costs by sharing resources between the two companies. 5. Mr.Tawatchai Lipithorn who have

customers decided move to operate e-Payment services with the other operators. Real estate rental and services related segment The Company’s revenue from this business segment decreased due mainly to the

Dried Sawn Timber due to majority of customers in China have requested to delay the shipments and also revenue of real estate business decreased cause the sale of real estate decreased but the company had

COMPANY LIMITED Management Discussion and Analysis of the Company’s Performance for the nine-month period ended September 30, 2019 During the period, one of the major customers had changed a method of

% increase from the same period last year. This was the result from the orders for customers in the production of protector guard equipment for Hockey sport are increasing. 2. Other Income 7.91 Million Baht

administrative expenses 15,131 18,982 (20.29) Net profit (loss) 10,477 126,984 (91.75)  Sales revenue increased by 6.83% mostly from orders from overseas customers, due to the Covid-19 pandemic during Q2 which