control system for goals and objectives achievement, compliance with applicable laws and regulations, safeguarding of the assets from frauds and damage, and preparing reliable accounts and reports. The
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transmission and telecommunication tower ratio in Q1-2020 decreased by 43.59% QoQ resulting from accomplishment of cost management policy, Cost to revenue from sale of electricity ratio in Q1-2020 dropped by
strategic plan, policy and objective in undertaking fund management business for short and long term. Objective should be set for the short-term plan and criteria/factor for evaluation of the accomplishment
staff’s achievement of the targeted sales volume and thus receipt of commission from the Company as agreed upon. Meanwhile, the Company’s advertising expenses moved down by Baht 0.83 million and sale
Company’s commission payment upon sales staff’s achievement of the targeted sales volume and thus receipt of commission from the Company as agreed upon. Meanwhile, the Company’s sale promotion expenses moved
scheduled in PPA while the construction cost was also in line with the budget approved by shareholders. This achievement would enable us to keep record of managing the project to commence COD in time and in
accomplishment of cost management policy, 2 | MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR 2020 • Gross margin: UWC has recorded gross margin since Q1-2020 due to accomplishment of cost management policy
until the accomplishment of the full installed capacity as planned of which it is scheduled to be completed by the end of 2024. However, the Joint Venture is under the further negotiation with the joint
Consolidation Project of PEA (ITiDC) and the New Network SDN Project of Government Savings Bank, which those are still in process but have not yet completed according to the achievement stage. Advance payment for