tax expenses 9.97 9.59 6.84 7.81 (3.13) (31.39) Income tax expense (0.78) (0.75) (0.38) (0.43) 0.40 (51.28) Net profit 9.19 8.84 6.46 7.37 (2.73) (29.71) K. W. METAL WORK PUBLIC COMPANY LIMITED Head

million or 6.1% which mainly decreased from the revenue from services. The total cost was reported at THB 159.7 million, decreased by THB 1.7 million or 1.1%. As a result, the gross profit margin for this

Q2/2018 gross profit margin was mainly caused by the increase in wages and overtime pay in this period following the minimum wage increment according to the labor law and more overtime work to produce

K. W. METAL WORK PUBLIC COMPANY LIMITED Head office 259/83 Sukhumvit 71 road, Phrakhanong-nur, Wattana, Bangkok Branch 1 300/142 Moo. 1 Tambon Tarsit, Amohoe Pluag-daeng, Rayong Branch 2 300/138 Moo

profit The Company and its subsidiaries’ total gross loss were Baht 5.42 million compare to the same period of previous year which total gross profit were Baht 0.82 million, due to delay in work delivery

is decreased from 28% to 9%. It is mainly due to lower gross profit margin of the design and installation of telecommunication network and signal equipment project work and the increase of reduction of

decreased from revenue from Sales Baht 314.35 million, decreased by 1.30%, from sales in material product group due to fluctuations in global markets from US and EU policies. Revenue from installation work of

decreased from revenue from Sales Baht 336.84 million, increased by 7.15%, from sales in material product group cause have some news project and sales increased from last year. Revenue from installation work

: The Operating results of the company and its subsidiaries Explanation of the operating performance for the 3-month period ended March 31, 2020 as in the consolidate financial statement has net profit

trading business. • Overall gross profit margin increased from (3.4%) to 11.6% amount Baht 67 million. 2019 2018 Revenue 466 383 83 22% Cost 412 396 Gross profit 54 (13) 67 -515% Gross profit margin 11.6