expansion of domestic construction industry and the growth of new Shopping complexes and renovated stores, together with the turnkey projects balance brought forward from Q4/2017 completed and recognized

driven by the continued growth in construction industry and further renovation/expansion of retail stores and new Shopping complexes despite revenue recognition delays from some turnkey projects to next

construction industry, the expansion of new Shopping complexes and renovated stores, and the sales recognition in this quarter of some backlog turnkey projects ; - Wholesales/Retails up 14% Y-O-Y thanks to the

, the Company has revenue from sales equivalent to 481.98 million Baht. The revenue from sales is categorized to the business operation as follows: 1. Revenue from retails The first 6 months of 2020, the

inevitably brought down the average selling prices, thus affecting sales revenue of wholesales/ retails. And the slow economic growth in ASEAN markets stemming from Global economy slowdown in 2019 also lowered

due largely to major public and private projects delays to Q2/2019 and Q3/2019; - Wholesales/Retails down 6% Y-O-Y mainly from a highly competitive environment and weak consumer spending; - Whilst

projects postponed to next quarters, Project sales up 5% Y-O-Y driven by the continued growth in construction industry and the expansion of new Shopping complexes; - Wholesales/Retails sales up 5% Y-O-Y

Private sectors. Moreover, Wholesales/Retails sales was strongly affected by a flood of highly competitive consumers products from China amid the ongoing China – USA trade war, and the decline in Export

changed to used new channel market particularly online and digital technology. This situation impacts overall business and industries particularly retails, restaurant, entertainment, airlines and travel

quarter of the previous year by Baht 15 Million or 9. 9 percent, mainly from the commercial development revenue related to rail business especially from the advertising and retails which the subsidiary has