Company (APCON) whose projects had been postponed to the second half of this year. Earnings before tax (EBT): The company had an EBT of THB 17.19 M lower than 1Q18 by 26%, of which was directly affected by

(Unit: Million Baht) For the ended March Movement 2019 2018 Increase (decrease) % Profit (loss) before tax expenses 29.49 21.93 7.56 34.47 Loss Tax expenses (5.31) (4.08) 1.23 30.14 Operational Profit

percent, because loans from financial institutions and loans from other companies decreased. Tax expenses The Company and its subsidiaries' tax expenses was decreased Baht 9.92 million or 159.65 percent

same level as the previous year. - Profit before income tax expenses was down by 32% from 59.7 mil. baht to 40.3 mil. baht mainly due to eroding gross profit from Chemicals business as competition

amount on the date of registration of land transfer at Department of Lands within December 2018. Both parties have agreed to pay equally for income tax, registration fee, specific business tax, and stamp

the operating result change Excess 20% Dear Sirs, We would like to report financial operating result for financial year ended June 30, 2018 as followings: 1. Our net loss before tax is 36.15 Million

18.94 14.96 26.60 Finance cost 10.12 7.04 43.75 Profit (loss) before income tax income (expenses) (0.23) 23.20 (100.95) Income tax income (expenses) 1.35 (2.60) (151.92) Profit for the period 1.13 20.60

Baht 9.2 million. - 2 - 5. Maintenance supplies increased Baht 89.0 million. 6. Property, Plant and equipment increased Baht 943.7 million. 7. Deferred tax assets increased Baht 2.0 million. Total

expenses (19,116) (5.6%) (28,057) (8.7%) (8,941) (31.9%) Finance cost (3,020) (0.9%) (3,893) (1.2%) (873) (22.4%) Profit before income tax 43,185 12.6% 33,821 10.5% 9,364 27.7% Income tax expenses (8,337

. Moreover, there was a high base in Q4’2017 since the market reacted to an announcement of the new excise tax imposed to RTD Tea before the regulation became effective in mid Sep’17. Although the challenging