net profit ratio (ROS) for the three-month period ended 31 March 2020 increased from 18.98% to 20.67%. Moreover, the total expense to total revenue ratio decreased from 14.94% in the first quarter of

. However, the percentage of administrative expenses to operating revenue decreased due to higher revenue and improved cost management despite the one-time expense employee retirement benefits of Baht 26.2

total revenue in Q4/ 2016. The slight decline in gross margin incurred due to the recognition of project with lower gross margin in this quarter. Lastly, net profit is equivalent to 21.94 million THB or

changed by considering all stakeholders. In 2Q20, overall economy was largely affected by the coronavirus disease (COVID- 19) outbreak globally, including the Thai economy, due mainly to country lock down

2018 to Bt12,097.4 million in 2019, representing a reduction of 13.5% Y-o-Y, while sales revenue in USD terms declined by 9.8% Y-o-Y to USD393.0 million. The Y-o-Y decrease in revenue was due mainly to

111.4 million decreased by 3.8% from 2Q2016 and its margins decreased from 32.3% in 2Q2016 to 29.0% in 2Q2017 mainly due to the planned maintenance of the Utilities System and higher depreciation expense

absence of revenue from the property development business and increase in administrative expense as explained above. Summary of Financial Performance Analysis of the Operating Results Revenues For the

, primarily due to gain from fair value adjustment of investment property at THB 794m realized in 2Q18. The Company made the first dividend payment which was made from 2018 Net profit at THB 0.04 per share on

(311.70) (258.46) 53.24 20.60 Gross profit 33.17 17.48 15.69 89.76 Other income 0.75 0.90 (0.15) (16.67) Profit before expense 33.92 18.38 15.54 84.55 Administrative expenses (16.76) (15.49) 1.27 8.20

Notification of project awarded letter no. CAZ 013-2562 on 18 July 2019). Since 2018, due to the construction projects in the Petrochemical and Energy Group are large projects which project valuation have