recognized income of Baht 211.04 million in proportion of project completed in the production line project and the production line testing, Total contract value of 255 million Baht. The project period ended 19

underestimation of workload on major projects, which cause the loss at the contract profit margin level. One reason for net loss is because of the lower prices for these projects which were awarded during Q4/2017

3,219,214 baht compared to the same period of the last year mainly due to expenses related to IPO which could be recognized as tax expenses and the decrease of service income. The major changes of Balance

same period 2016. The estimated loss that may incur on the sale of this Investment was recognized as loss on impairment of the investment in the current period’s Financial statements Baht 92.66 million

Street English”. The revenue from English language school is recognized according to the international accounting standard which recognizes revenue gradually according to contracts period entered into

and social development, the issuer must comply with an internationally recognized standard. For example: (a) Green Bond : ASEAN Green Bond Standards (ASEAN GBS) or International Capital Market

the main trading currency of the company), resulting in the company recognized revenue from sales of foreign currency decreased For domestic market, revenue from sales increase lightly due to growth of

year. However, 4th quarter company recognized tax income from BOI incentives that permit to carry forward losses (as in the early stage of first production line operation, company has annual losses) and

delivery from the domestic customer and overseas customer. And the company can delivered the project machine within timeline. However the remaining backlog will be recognized within the 1st quarter and 2nd

2018, Details and progress of the Company’s residential projects are as follows: Remark: * In 2018, there were 75 residences recognized revenue (85 residences in 2017) and 33 residences in 2016. The