. Management Discussion and Analysis 3.1 Revenue from construction for the first quarter of 2019 has decreased when compared to the same quarter of 2018 by Baht 399.21 million or 17.74%. There are many

equipment will follow the increase in sales, particularly in the IC division. However, there is a 3 to 6 month time lag due to the ordering lead time. Plant expansion will depend on the current building

 was THB 229m in Q2 2019, and THB 503m in Q2 2018. Generally, capital expenditure for production equipment will follow the increase in sales, particularly in the IC division. However, there is a 3 to 6

 division. However, there is a 3 to 6 month time lag due to the ordering lead time. Plant expansion will depend on the current building utilisation and lead time to construct new plant or expand in an

amounting to Baht 38.90 million, but there was no sale of investment in Q1 2018. Due to the offset between a decrease in financial cost and a decline in revenues, the net profit remained flat. In Q1 2018

amalgamation, assets of SRT and GCT will be only cash and shares of LRT and there will be no significant debts or liabilities. Shareholding Structure after the Amalgamation between SRT and GCT is as follows

the target revenue.  Financial ratio analysis. From the debt to equity ratio of 0.75%, there is no risk in borrowing. Performance of the Company For three months As at June 30, 2018, there was a net

. However, there is a 3 to 6 month time lag due to the ordering lead time. Plant expansion will depend on the current building utilisation and lead time to construct new plant or expand in an existing plant

-term loans which were due at near period end and making a payment for investing in molds, while there are cash inflows from cash receipts from warrants exercised of Baht 353 million during this period

of Commodity Polymer business unit as well as Specialty and Engineering Polymer business unit, whereas there was a shrinking in purchasing power during Q3/2017. Financial Operating Results In Q3/2018