debt collection service increased at 19.11% compared to the year 2017 because the employees has more experience in debt collection business which resulting in the improvement of the revenue as well as

9.16% in 2019. This year-on-year improvement was mainly attributable to higher sales from automotive parts, improved efficiency, increase of gross profit from tooling sales and AAPICO Maia higher gross

improvement in employee benefit according to Labor Protection Act No.7  Loss on impairment of asset of 149.44 Million Baht as increased this quarter due to loss from impairment of investment on assets in the

of Baht 50.32 Million, which gross profit margin of 8.22%. A few dropped comparing with Q1/2019 was total of Baht 46.10 Million, or gross profit margin of 11.13%. The main reason is improvement of

, Government land appraisal price, appraisal market value by independent agency, the selling price is appropriated. Buyer is responsible for the selling commission. The proceeds from the sale can be used to

the higher margin products in exhausted pipe following its ongoing improvement and development in production process. 4 (Unit: Baht million) Consolidated balance sheets As at 30th Jun 2017 As at 31st

the higher production scale and continuous improvement of the production process during the year. The higher margin was also by the lower sales to wholesale channel with lower margins. For the year

2018, gross profit of Baht 145.99 Million or gross profit margin of 10.53%. The Group’s gross profit margin of 2019 was a few dropped from previous year. The main reason is improvement of construction

financial institution 1.00 1.01 1.03 Investments in subsidiaries - - 382.40 Leasehold improvement, vehicle and equipments 2.14 2.89 2.24 Intangible assets 0.29 0.22 0.13 Deferred tax assets 0.00 0.40 0.40

institution 1.00 1.01 1.03 Investments in subsidiaries - - 382.40 Leasehold improvement, vehicle and equipment 2.14 2.89 2.24 Intangible assets 0.29 0.22 0.13 Deferred tax assets 0.00 0.40 0.40 Deposits 0.51