Microsoft Word - 1905-022EN Management Discussion and Analysis for Q1-2019 (Ending Mar 31, 2019) Ref. No. 1905/022EN May 9, 2019 Subject Management Discussion and Analysis for Q1/2019 (Ending March
/2018 was 75.16% of income compared to 58.71% in the quarter 3/2017. Because the cost ratio of turnkey construction projects was higher than the cost ratio of water management work. 5. Administrative
water management work, and made the average cost increased. 6. Selling expenses for the quarter 1/2018 decreased from quarter 1/2017 in amount of Baht 2.95 million or 17.85% from decreasing in sale
66.12% of income. Because in the quarter 2/2018, there was turnkey sales and installation of water supply system project whose cost was higher than the water management work, and made the average cost
construction projects was higher than the cost ratio of water management work. 5. Selling expenses for the year 2018 decreased from year 2017 in amount of Baht 3.00 million or 5.37% from decreasing in sale
in writing and shall allocate sufficient personnel and resources for operating the work of branch office as well as arrange to have management and operational system to efficiently supervise and
number of employees. The lease covers the space as necessary for actual utilization and it is located in the same area as the current office, which would be convenient and efficient in terms of management
-to-date information; 2 (2) putting in place a reporting system for the information important to the company’s work management, such as financial and non-financial information and operational risk, for
work related to fund management; (2) have selection and checking system before assigning a role to its personnel. Such system shall enable the company to select a person with knowledge (Unofficial