prices of the related party transactions to market prices, nor explained whether or not the price differences were reasonable. The SEC thus instructed TIES to rectify the financial statements according to

transactions to market prices, nor explained whether or not the price differences were reasonable. Later, TIES requested for postponement of submitting the rectified and audited 2014 financial statements, due on

333/3 Viphavadi Rangsit Road, Chomphon, Chatuchak, Bangkok 10900, Thailand Tel: +66 1207 or +66 2695 9999 Fax: +66 2695 9660 e-mail: info@sec.or.th BU I L D ING BR IDGES INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2014 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2014 BUILDING BRIDGES Securities and Exchange Commission, Thailand Securities and Exchange Commission, Thailand Contact Information  This report is available for download on the SEC website: www.sec.or.th  For more information, p...

. Limited (“VNTH”), its subsidiary in Singapore, and then realized loss on foreign currency differences on dissolution amounting to -13 MB from other comprehensive income to the loss for the year. MTHB % MTHB

which increased from 94.28% in year 2016, and the gross margin decreased from 5.72% in 2016 to 5.50% in 2017. The increase of gross profit margin was mainly due to differences in product mix as compared

which increased from 94.50% in year 2017, and the gross margin decreased from 5.50% in 2017 to 4.74% in 2018. The decreased of gross profit margin was mainly due to differences in product mix and the

from deferred tax on relating to origination and reversal of temporary differences. Please be informed accordingly. Sincerely Yours, ( Mr. Nipon Leelasithorn ) Chairman of the Executive Director, and

to the timing differences of taxable income or expenses. Please be informed accordingly. Yours sincerely (Mr. Wichai Intaranukulkij) Managing Director

profit margin for the year 2019 was mainly due to differences in product mix and the impact derived from adoption of USD as the Company’s functional currency which in resulting of lowered cost evaluation

profit margin was mainly in related to differences in product mix as compared to previous year. 3. Selling and Administrative Expenses For the third quarter of year 2017, the Company’s SG&A expenses was Bt