in 2016. This was due to the termination of the programmed co-production agreement before the due date at the beginning of 2016 but no revenue recognition from other business, which was in the

Q4/2019 Q1/2020 Change +/- (Unit: THB million) %YoY %QoQ Revenue from sale of goods 2,299.7 2,407.6 2,076.2 -9.7% -13.8% Revenue from rental and rendering of services 126.2 148.6 134.9 +6.8% -9.3

as sales. Although the Company will has been better administration for cost of sales and control expenses than previous year, as a result to revenue recognition and gross profit was decrease. Net

increasing from 4.79% in 2018 to 12.76% in 2019. The loss incurred is due to the recognition of gross loss from the construction business; higher administration cost to support the expansion of construction

. which is held 51% by the Company starts to recognize revenue. 1.3) Revenue from Real Estate Development increase THB 80.79 million due to starting of revenue recognition of the subsidiary. 1.4) Revenue

loss of revenue recognition from design engineering. 2. Cost of contract work In the first quarter of 2019, the Company and its subsidiaries had cost of contract work amount of 120.28 million Baht, the

last year along with declining proportion of sales in the year 2019 and the recognition of income from some projects with lower margins. Other Income Other income is income from other business activities

result of new branch opening at The Mall Bangkapi in October 2018, resulting in the growth in this quarter revenue recognition compared to last year. Moreover, the group has opened a new branch at Central

of last year along with declining proportion of sales in the year 2019 and the recognition of income from some projects with lower margins. Other Income Other income is income from other business

.(Wor) 50/2550 Re: Clarification on the principles and guidelines concerning the mutual recognition of investor contacts between Thailand and Singapore under the Memorandum of Understanding   26/12/2007