the sales of normal projects. 4. Expenses 4.1 Selling expenses In the first quarter 2019, the selling expenses at Baht 6.03 million, decreased Baht 1.72 million or 22.19% compared to 2018 because

comes from these following reasons; - Sales of units in condominium projects decreased by 878.29 million baht or 70.00% from 1,254.73 million baht in 2016 to 376.44 million baht in 2017 due to the

revenue construction works of renewable energy power plants projects of private sector. The revenue from sales business was decreased of MTHB 54.21 comparing to the revenue from sales business of amount

previous year, as a consequence of the performance of Advance Power Conversion Company (APCON) performance whose projects had been delayed from the plan resulted in net loss in 2018. Earnings before tax (EBT

of the year 2017. The significant decreasing came from the reduction of the revenue construction works of renewable energy power plants projects in private sector according to industrial sector was

. Finance costs increased by Baht 2.95 million or 18.81 % due to the Investments in subsidiaries and the building expansion projects of the subsidiaries. Sincerely yours, (Mr.Pongpat Patanavanich) Managing

Company (APCON) whose projects had been postponed to the second half of this year. Earnings before tax (EBT): The company had an EBT of THB 17.19 M lower than 1Q18 by 26%, of which was directly affected by

to services income of the 3rd quarter of year 2017 at Baht 945.30 million. The decrease due to the decrease of the revenue from renewable energy construction projects and substations construction

expansion projects of the subsidiaries. 4.Share of profit on investment in associated company decreased by Baht 3.25 million or 30.63% Sincerely yours, (Mr.Pongpat Patanavanich) Managing Director

Advance Power Conversion Company (APCON) whose projects had been postponed and deferred. Profit (Loss) before tax: An operating loss of THB (11.56M) in 2019 which equalled to (115%) drop from 2018 was