. Also, the Company’s main revenues were originally from low-maintenance battery sales. However, during the past year, there were increased demands in maintenance-free batteries in the market. That caused

mainly because the volume of batteries sold decreased due to the impact of COVID-19. The Company’s gross profit margins for the first 6-month period of 2019 – 2020 were equal to 18.60 percent and 20.70

domestically and in the region. Initially, the company will produce batteries for customers in the PTT group and will be ready to expand the production capacity according to market demand, up to the level of

Republic of China, established to support the Company’s future overseas investment. - 24M Technologies Inc., a company which conducts research and development of batteries for power storage for the

support the Company’s future overseas investment. - 24M Technologies Inc., a company which conducts research and development of batteries for power storage for the industrial sector and power line system

completed and after studying the demand of lithium-ion batteries, shows that the demand will exceed the capacity of supply where the main customer group will be the System Integrator which will use this

of 100 MWh which is expected to COD at the end of 2019; the company continues to seek other batteries which are at good quality and suitable for usage to develop the on going projects. 6 Management

million baht or 5.37 % when compared with Q1 / 2019 as a result of last year, the company introduced Solar Cells as a result The electricity cost in the factory is reduced and the new machine has the better

cells and machines used in electricity production after having the allowance for impairment following the accounting standards. 2.3) Costs from the banquet rooms and restaurant, amount Baht 17.15 million

) million, due to the group gaining profit from exchange rate in 2017 from the imported solar cells for the solar energy business, but no gain in 2018. Selling and administration expenses Selling expenses