increase was affected an increase in number of employees that were recruited to support to business expansion. The management expenses also increased by Baht 16.72 million from the Company’s subsidiaries

preceding year, SG&A in 1Q18 increased by 2.5% YoY, mainly due to three distinct sources: a) Higher personnel expenses, reflecting increased number of employees to support business expansion b) Increase in

completed in the previous year and sold with higher gross profit margin. Moreover, as a result of the expansion of rental and service business, the income from rental fee and service and management fee

และการส่ือสาร ณ อาคารศูนยก์ารคา้ไอคอนสยาม (OFC ICONSIAM), โครงการสรา้งโครงข่ายสัญญาณโทรคมนาคม (True Coverage Expansion), งานระบบไฟฟ้าใต้ดิน Nirvana (Rama9-Krungthep Kreetha) เป็นต้น อย่างไรก็ดี บริษัทฯ

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 utilisation and lead time to construct new plant or expand in

. Management Discussion and Analysis (MD&A) for 2019 Page 5/5 Looking Forward In 2019, the Company was able to generate revenue from business expansion quite well, which could be achieved according to the target

of Shareholders No. 1/2020. 6. The Board of Directors approved the capital increment and set investment priority in PChome (Thailand) Co., Ltd. for the purpose of future business expansion which

and Q1- 2016, which was Baht 199.5 million and Baht 16.5 million, respectively, due to the first quarter of 2017. The overall economic expansion has improved direction, with the main driving force from

monitor credit quality and maintained high levels of capital buffers and loan loss provisions to facilitate credit expansion going forward. Credit Rating Land and Houses Bank Public Company Limited is

396 million (equivalent to THB 209 million). This plot of land is to be used for a manufacturing site to support business expansion in India. Consolidation goodwill increased Baht 378 million as