which affected employment and domestic demand*.  However, the Company sees that the lower interest rate gives a positive impact to overall real estate industry due to a potential lower cost for both, real

cost as low as possible. The Company is considering providing the manufacturing service to biodiesel producer customer again. Selling Expenses The Company and its subsidiaries’ selling expense mostly

-scale projects have relatively low gross profit margin due to the high competition. Those can be shown from the increased rate of cost of sales and services higher than the increased rate of revenue. In

% was from TAIT12, 20.4% was from The Estelle Phrom Phong, 9.9% was from The Lofts Asoke, 4.2% was from the Diplomat 39 and 0.1% was from UNIXX South Pattaya, totaling of 6 projects. Cost of Sales Cost of

% Electricity revenue - - - - Other income 68 123 (55) (45%) Total revenues 68 123 (55) (45%) Cost of sale - - - - Other expenses (857) (140) 717 512% Total expenses (857) (140) 717 512% Operating profit (loss

% Cost of services (384) (74.0%) (536) (74.9%) (575) (74.7%) 7.3% 49.5% Gross profit 135 26.0% 179 25.1% 194 25.3% 8.4% 43.5% Service & Administrative expenses (44) (8.5%) (60) (8.4%) (61) (7.9%) 1.4% 38.0

follow; unit: million baht Items 3-month periods ended 31 March Changes 2018 2019 Amount % Amount % Amount % Revenue from sales of goods 82.42 100.00 113.01 100.00 30.59 37.11 Cost of sales of goods 65.35

telecommunication products which have not been manufactured by the Company. Thus, the gross profit margin is low. Related technology business In Q1’ 2018, the Group has gross profit of Baht 39 million, which is

, 2020 with details as follow; unit: million baht Items Q1/2019 Q1/2020 Changes Amount % Amount % Amount % Revenue from sales of goods 113.01 100.00 75.19 100.00 (37.82) (33.47) Cost of sales of goods 89.4

investors’ confidence about the company. This debenture issuance was aimed to enhance the company’s financial status and innovative power flagship’s goal by driving the financial cost down which will reflect