the Thai capital market are (1) promotion of good corporate governance, which at present, has received high acceptance and put into practice among both public and private sectors, (2) reduction of

) mainly due to reduction in equipment rental, as in 2017 SAAM Group had additional expense for equipment rental arising from the delay in shipment of inverters for SAAM-SP1. SAAM Energy Development Public

respectively, equivalent to a 24.11% fall from the same period of the previous year. Cost of goods sold to sales revenue ratio mildly adjusted upward from 32.45% to 33.00% as a result of the reduction in

after its capital increase and SHR will remain the Company's subsidiary. On 7 November 2019, Board of Directors Meeting of S REIT as the REIT manager of SPRIME approved the first reduction of the paid-up

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

difference between the price paid by the Company and the target company’s book value of THB 278mn after the acquisition of COMASS. Trade and other receivables were THB 254mn, a reduction of THB 23mn or 8.2

reduction in the price of raw material which is the main cost of sales of Page 3/6 the Group. The Group also adjusted selling price since May this year. In addition, the new menu launched in July and August

with the increase in sales of set-top box, telecommunication equipment and revenue from installation of indoor WIFI antenna projects as well as the reduction of allowance for diminution in value of

2018 amounted to Baht 24 million, a decrease of Baht 12 million or a decrease of 33% from the same period of last year. The decrease was due to the reduction of commission for sales of set-top box

respectively, equivalent to a 19.67% drop from the same period of the previous year. Cost of goods sold to sales revenue ratio modestly rose from 31.64% to 32.48 % as a result of the reduction in production