prices for most agricultural products remain low, resulting in a fragile recovery in consumption. This has also been effected by the reduction of spending stimulus measures by the government compared to

that took effect in 2017 that represented a reduction of about 2% on average. However, consignment sales were almost fully realized in the current period. The Q-o-Q decrease in revenue was primarily due

2,033.17 at the same period of year 2016 and representing a decrease 53.51%. The revenue from services business of the 3rd quaternary for the year 2017 was MTHB. 945.30. This was because of reduction of the

which will have commercial launch next year. For Painting segment, sales decrease because some products are near to the end of the model life. 2. The consolidated gross profit margin was 12.21%, decreased

2018 to Bt12,097.4 million in 2019, representing a reduction of 13.5% Y-o-Y, while sales revenue in USD terms declined by 9.8% Y-o-Y to USD393.0 million. The Y-o-Y decrease in revenue was due mainly to

at THB 7,881.0mn as of 31 March 2020. • Presales of Q1/2020 equals THB 558.6mn, a reduction of 59% from the same period of the previous year. • Total revenue of 1Q/2020 equals THB 423.6mn. Of which

ended 31 March 2021 which was reviewed by the auditor. The Company’s overall performance can be summarized as follows: Performance (Statement of comprehensive income) 1Q2021 1Q2020 Increase/ (Decrease

in recurring revenue was insufficient to offset the reduction in non-recurring revenue. T.662 636 6999 F.662 646 4200

tourism in Thailand that led to a continuous decrease in number of tourists especially from China which is our target customers. The Company was responsive of the situation and formulated new strategies and

decreased aligning to the reduction in CFC sponsorship fee. Selling expenses were THB 470 million, a decrease of THB 61 million or 11.4%, representing 10.4% of total sales, down from 14.1%. The key expenses