The company’s net loss in quarter 2nd of year 2020 was 21.96 million baht, the main reason was Situation of The Covid-19 outbreak causing the transfer of ownership of condominium units to be postponed

consider the matter and has the following resolutions: • Postponed the AGM for the year 2020 until further notice and the cancel the shareholder meeting scheduled on 29 March 2020 including the cancellation

the first 3 months of 2019 because during the period, ICE had a limitation in finding new customers and the main factor was the spread of COVID – 19, some customers postponed the purchase decision

reduce inventory continuously. Furthermore, the launching of certain new projects has been postponed by the Company to be in the last quarter of this year. Company believes that the overview of the real

revenue decreased 169.9 MB or 13.3 percent. This is because there are quite a few projects from the governmental sector in 2018 and those projects were delayed. The total operating expenses in the Q4-2018

2016, since in 2017, the Company received large-scale projects that delayed from previous auctions such as internet for village project or internet for public domain, which is a high value project but

2016, since in 2017, the Company received large-scale projects that delayed from previous auctions such as internet for village project or internet for public domain, which is a high value project but

2020, has increased 418.85 Million Baht or 30.96 percent when compared to the same quarter of 2019. Previously, there are delayed in handling over the construction site, project owner’s overlapping work

one project affecting a reduction of income of Baht 20.51 million and the estimation of penalty charge of one project expected to be delayed affecting a reduction of income of Baht 2.56 million

Company’s amortization of intangible assets arising from the purchase of investments in associates and the result of associates’ delayed revenue recognition due to the delay in delivery of work. Consequently