, 2019, due mainly to a decrease in operating profit in the period and a dividend payment. Analysis of performance Gross Profit Margin was affected by two major factors: 1) A change in foreign currency

equity presented at Baht 1,882.84 million, increased Baht 188.18 million or 11.10% from last year, primarily due to the recognition of gain on land revaluation and net profit for the year net of dividend

%. and change in product sales mix since we invested in the new Company, KURON Co., Ltd on 3 March 2020. And DDD capacity variance loss increased from unused capacity. Gross Profit Gross profit for the

had total equity equals to 2,802.4 MB, or a decrease of 81.6 MB from as at December 31, 2016, which equals to 2,884.0 MB, or a 2.8%, decrease from the dividend payment net of profit from operations in

1,202.7 960.5 1,067.5 242.2 25.2% 135.1 12.7% Profit for the period 105.3 133.3 108.5 (28.0) (21.0)% (3.2) (3.0)% In Q2-2017, the Company's total revenue increased from Q1-2017 and Q2-2016, representing an

. 3. To gain dividend from company net profit for investment. - 5 - 7. Board committee’s statements over the transactions Board committee remarks that the investment in Vanachai Wood Smith Co., Ltd

- 283,803 (283,803) n.a. Gain (loss) on investments, net (73) 50,457 (50,530) (100.1) Dividend income and profit sharing 45,052 141,023 (95,971) (68.1) Other operating income 56,997 64,576 (7,579) (11.7

shares for the total of THB 3,725 mn, thus a dividend rate payout ratio of 40% of the operating net profit for 2016. Dividend was paid on 19 May 2017. Table 4: Financial Position (1)Investment Properties

1 6 , basically from the net profit of the period after dividend payment. Interest Bearing Debt total 7,527.97 million Baht Long Term Loan Due in 1 Year 11% Long Term Loan 32% Debentures 32% Short

million, or a decrease of 6% compared to the total shareholders’ equity as at 31 December 2017, which was Baht 2,720 million. The change was due to the net profit for the period, the dividend payment to the