Power Plants Company Limited (a 100-percent subsidiary of IEC) through a contract with ESES for the construction of a building and the installation of electricity-generating machinery at the exaggerated

Limited (a 100-percent subsidiary of IEC) through a contract with ESES for the construction of a building and the installation of electricity-generating machinery at the exaggerated price of 58 million baht

the interim financial information, the Company has reviewed and changed the estimated useful lives of buildings, machinery and equipment in accordance with their conditions and the proper estimation of

buildings and the Machinery purchase agreement with Golden Arrow Coating Co., Ltd. of which Mr. Arkran Termritikulchai and Mr. Pasithphol Termritikulchai who are its Directors and are sons of Mr. Prachnon

In the interim financial information, the Company has reviewed and changed the estimated useful lives of buildings, machinery and equipment in accordance with their conditions and the proper estimation

. -Increased revenue from sales of machinery equipment and engineering services realized via deliveries in the 1st and 2nd quarter of 2017. -Decreased financial expenses due to further debt reduction and

101.48 million or 65.46%, which was in line with the sharp rising in revenues from sales in this period. Gross profit margin in year 2018 was 61.51%, going up by 59.98% year-on-year. The growth in year

88.71%. Major reason for sharp decrease in Company net income is due mainly to decrease in revenue from real estate business. In addition, the Company has heavily spent more in marketing and advertising

and services increased by 10.87% from last year due to the sharp increment of raw material prices during Quarter 2 to Quarter 3 especially in natural rubber, synthetic rubber and chemicals groups. The

- 2. Cost of sales and gross profit The Company’s cost of sales in Q3/2018 amounted to Baht 57.43 million, rising year-on-year by Baht 25.81 million or 81.63%, which was in line with the sharp increase