to support business expansion and to reduce some of the rental costs. In addition, the company invested in machinery and equipment for a new branch in Jiangsu, China. While current assets decreased by

. 7.1 Employee benefits expenses increased by Baht 1.08 million, the major increase was from increasing number of staff in subsidiary to support business expansion. 7 . 2 In this quarter, there was a

obtained Objectives : To support business expansion of subsidiary company which has a high growth retail finance business in Cambodia and also comply with the regulations of National Bank of Cambodia. The

to THB 10,145mn, predominantly due to the increase in revenue from hotel operations as a result of the hotel portfolio expansion and revenue from the sales of Mo Chit Land. • EBITDA reached THB 3,195mn

year of 2019 and more efficient cost management that caused selling and administrative expense to decrease by 1.5% from the year of 2018. For the branches expansion in the year of 2019, the company

revenue has continuously grown mainly due to its greater expansion of laboratory scopes of testing and analyzing for agricultural, food, and pharmaceutical associated with continual growing number of

Company’s expansion and the Company has set aside Employee benefit obligations in accordance with severance payment as the labor law which entitled retired employee within work service year in various rates

Board of Directors has considered and viewed that the entry into this transaction is reasonable and beneficial to the Company and the shareholders due to it is the business expansion to support the growth

expenses to support job expansion, employee bonus, audit fee, internal audit fee, meeting allowance and other compensation for directors. Theses are expenses related to the preparation for listing on the

service income of 1,506.94 million baht, an increase from the year 2018 by 216.83 THB mn or representing an increase of 16.81 percent from the previous year, mainly come from the expansion of Backlog that