17,286 million. Debt to Equity Ratio (D/E) and Interest Bearing Debt to Equity Ratio (IBD/E) represented at 1.59 and 1.42, respectively. Yours faithfully, Mr.Chamroon Chinthammit Chief Executive Officer

shareholder of New Decade Co.,Ltd.. Both are the younger sisters of Mr.Polpat Karnasuta who holds the position of Chief Executive Officer of the Company. 91.57 91.70 (90.20) The transactions between New Decade

authorized director and shareholder of New Decade Co.,Ltd.. Both are the younger sisters of Mr.Polpat Karnasuta who holds the position of Chief Executive Officer of the Company. 91.70 91.71 (90.20) The

authorized director and shareholder of New Decade Co.,Ltd.. Both are the younger sisters of Mr.Polpat Karnasuta who holds the position of Chief Executive Officer of the Company. 90.84 91.57 (89.78) The

Disposal of Assets of the Company) In addition, the Board of Directors approved to assign the Chief Executive Officer (CEO) and/or a person designated by the Board of Directors or the Chief Executive Officer

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

aboard. As a result, the administrative expenses and other related expenses increased. Together with its subsidiaries in the expansion caused administrative expenses increased. The Company expects that

% with the increasing from domestic selling price and expansion oversea market. There are gross margin rate or the year 2019 is 19% and 15% in the year 2018. As the result of the company’s gross margin

the unfavorable revenue expansion, and the corporate income tax had increased by 0.9 million Bahts because the principal company had higher profit but one of the subsidiary company had incurred loss

the expansion of investment for plant construction and machinery in order to support the growth of the domestic and international markets of the company during the years 2 017 to 2025. The estimated