the same period of last year at 3.84%, mainly caused by reduction in gross profit margin while selling and administrative expenses in proportional to sale increase in order to prepare resource for new

Company 59.12 150.72 (91.60) (60.77) Additional changes (reduction) September 30, 2019 September 30, 2018 1. Revenues from service and Revenues from sale in the amount of 536.38 million baht, The revenues

cost of sales and services for the first quarter of 2020 was 23.5 million baht compared to 28.5 million baht the same period last year, decreased 5.0 million baht or 17.5 percent due to the reduction in

first quarter of 2020, increased by 42.03 million Baht from the same quarter last year which showed net loss of 9.25 million Baht. The main reasons for the decrease was reduction of gross profit margin

from dividend received, income compensation expense, rental income. Money income was Baht 0.50 million. It decreased to Baht 0.28 million or equivalent to 36.07% receiving from the reduction of deposit

management since the end of last year by focusing on reduction in subcontractor cost as a necessity and change some organizational structure to suit with the current situation. Discussion and Analysis of the

reduction and long-term loans repayment. As a result, cost of goods sold and expenses on six-month and 2nd quarter of 2020 decreased 0.65 and 8.34 percent from the same period of last year. 3. Profit

2019. The reason for the decline of expenses, because during the Convid-19 situation, the Company has a policy for employees to work from home, including the reduction of salary and benefits as well

reduction of raw material costs following the significant drop of oil price during March. 3. Selling and administrative expenses increased by 1.08 million baht or 1.03% from the same period last year. Overall

July 2020, the company has used the power of the Board of Director to reallocate THB 20 Million from Establish Subsidiary in Canada to Debt repayment purpose. Resulting in 50.59% reduction in liability