price and has met the technical requirements. In addition to the price, the Company has carefully considered other factors e.g. work experiences, past performance, financial situation, etc. for the
resolution of the Board of Director Meeting No. 1/2019, held on February 25th, 2019 of Hwa Fong Rubber (Thailand) Public Company Limited. that approved renew the Technical Cooperation Agreement between Hwa
materials, Experimental analysis and control, Procedures and methods, Factory layout design, Equipment design, The contractual terms and conditions used in Taiwan including technical training. The contractual
resolution of the Board of Director Meeting No. 7/2018, held on August 6th, 2018 of Hwa Fong Rubber (Thailand) Public Company Limited. that approved renew the Technical Cooperation Agreement between Hwa Fong
and work force, operates solar power plant Operates solar power plant (Not started operation yet) Safety equipment trading business (Not started operation yet) Page 3 of 19 The analysis of consolidated
million Baht increased 256.41 million Baht or 36.6%, from both Material and Construction equipment business unit. Mainly from economic began to improve both private investment and infrastructure project
construction equipment was not sold this quarter. Revenue from installation work Baht 30.62 million, decreased by 60.90% from the sub- contracting project nearly completion. But revenue from rental equipment
. Revenue from installation work decreased by 64.3% from the sub-contracting project nearly completion. But revenue from rental equipment increased 2.8%, achieved Baht 102.39 million due to the slowdown of
not sold this quarter. Revenue from installation work decreased by 35.19% from the sub-contracting project nearly completion. But revenue from rental equipment increased 4.86%, achieved Baht 202.55
construction equipment was not sold this quarter. Revenue from installation work Baht 30.73 million, decreased by 50.67% from the sub- contracting project nearly completion. But revenue from rental equipment