the vendors to improve and tested such revised systems and is now confident that the system can handle increasing number of transactions. The SEC has already informed the SEC Board of the above fact in

, the proportion of cost of goods vs. sales and services income (excluding other income) has decreased. Since the proportionate cost of sales in the engineering and machinery equipment segment is much

of investments Total revenue grew by 8.83% year-on-year, driven by higher sales from the automotive parts segment and sale contribution of AAPICO Maia which the company acquired in Q4 2019. Interest

881 www.aapico.com Management Discussion and Analysis for the 2nd quarter of year 2019 2 Total revenue grew by 11.1% year-on-year, driven by higher sales from the automotive parts segment. Interest

recognized the revenue by completed segment but not yet completed which those reached the invoice. As a consequence, trade receivables decreased, resulting in an increase unbilled receivables. Unbilled

Association The main raw materials (Pig iron, shredded scrap) the price movement of the main raw materials, i.e. scraps and pig iron, had more fluctuated since the first quarter of 2016, by increasing in the

since the first quarter of 2016, by increasing in the first and the second quarters of 2016 and then decreased in the third quarter of 2016 but then turn back increasing continuously until the fourth

, shredded scrap) the price movement of the main raw materials, i.e. scraps and pig iron, had more fluctuated since the first quarter of 2016, by increasing in the first and the second quarters of 2016 and

(Electric Vehicle Solutions) which increased about 1 time from the same period of last year and 22.1% from last quarter. This is due to the increasing demands Europe markets and other regions following the

quarter 1/2018. These two reasons lead gross profit increasing by Baht 5.27 million comparing to the same period of the prior year. Solar Energy Business Revenue from solar energy business increased Baht