or 35.92%. This was mainly due to the increase in the number of office employees to support the branch expansion plan. Moreover, in February 2017, the Company recorded the expense for the annual staff

amounted to Baht 67 Million was from the increase in interest cost from SOE construction loans, which were all recorded as interest expenses in the income statement once operated but were partially recorded

long-outstanding receivables has recorded in accordance with the Financial Reporting Standard No. 9 Financial Instruments (TFRS 9) and also the employee-related expenses have increased. -3- Financial

the amount of Baht 66.14 million while investment capital is at Baht 160.58 million then the goodwill is in the amount of Baht 99.44 million recorded into the consolidated financial statements in 2018

the amount of Baht 66.14 million while investment capital is at Baht 160.58 million then the goodwill is in the amount of Baht 94.44 million recorded into the consolidated financial statements in 2018

recorded total sales revenue of THB 733.57 million and THB 384.43 million respectively. This equals to a sharp decline of 47.59% year on year. Domestic sales revenue dropped 46.25% from the same period of

2019 The Company recorded a net loss of 726 million Baht (150% of total revenue) as compared to 2Q 2018 with a net profit of 217 million Baht. The main reason of the significant loss in 2Q 2019 was the

, 2018 Page 3 2.1 The effect of exchange rate of the Company and its subsidiaries In the 1 st quarter of 2018, the Company recorded loss on exchange rate of Baht 344.10 million, due to the depreciation of

. Beside, company and its subsidiaries recorded the profit sharing to non-controlling interest in a subsidiary by Baht 13.59 million, increased by Baht 0.99 million from the same period of previous year due

an anemic rate of 0.59%. Considering revenue by product line, almost all product lines recorded declines in sales revenue compared to the same period of the previous year given the mentioned drop in