90.15% of income. Cost per income rate increased when compared to cost per income rate in quarter 1/2018 which was 87.05 percent of income. The major reason was the lower average selling price from less

including the impact that must result in a price adjustment and the adjustment of the selling price is quite difficult because this business group is highly competitive in the current economic situation

. 12 million or 2. 90% comparing with December 31, 2018 due to the Company was adjusting in investment in available- for- sales securities to market price which decreased by Baht 256. 93 million from

revenue from sales and services amounted to Baht 8,148 million which increased by Baht 1,296 million or 19% QoQ due to the increase in sale quantity and selling price. On a YoY basis, the Company and

market which results to low selling price. Another factor is the appreciation of baht which reduces our export revenue when changing to Thai baht. And the effect of employee benefit, according to the new

exports. As such, company customers who are the manufacturers for export have delay purchasing to their weaker demand. The selling price of various products has also decreased according to the price of

quarter of 2018, the company recorded unrealized loss from mark-to- market price of investment in listed equity securities of Baht 31.03 million and Loss on sale of investment in Thanh Cong Securities Joint

lower average selling price due to fewer big projects & price competition, and then lower gross profit margin. 5. Cost from the water management business for the quarter 1/2018 was 77.82% of income in 1.2

increased 31% are results of volume impact in domestic market and also selling price adjustment to trade, regarding to raw material cost increase. ⚫ Total expenses increase 30% are mainly reflected by

THB 36 mil. or 10.3% negative growth when compared to the same period of last year, primarily due to dumping price by competitors and focusing on electronic payment and number of bank branches reduction