of 31% YoY. Selling expenses to sales reduced to 9% from 12% in Q1/2019 due to efficiency selling expense cut and control. 47% 46% 44% 37% 43% 53% 54% 56% 63% 57% 25% 30% 35% 40% 45% 50% 55% 60% Q1/19

benefits for all stakeholders. The company has a policy to manage costs and resources of the company to maximize efficiency, including managing cash flow sufficient for business operations in the current

holding of 51%). However, The Group still focused on managing and controlling cost to be continuously achieve maximum efficiency. Even through, the first half year of 2020 is a challenging half year for the

controlling process in production and better efficiency in production line. 3. Selling expenses For Quarter 2 of the year 2020, the selling expenses was 2.66 million baht or 2.66% from sale revenue compare to

. In order to maintain overall financial results, the Company has initiated strategies focused on improvements in operational efficiency and expense control, such as adapting to the ‘new normal’ of

period7 (days) 94 108 Return on equity3 (%) 10.5% -6.7% Payable days (days) 143 152 Efficiency Ratios Efficiency Ratios Return on assets4 (%) 9.1% -6.1% Liability to Equity (times) 1.1 1.2 Return on fixed

Return on equity (%) 7.3% -13.3% Payable days (days) 143 173 Efficiency Ratios Efficiency Ratios Return on assets (%) 6.5% -9.8% Liability to Equity (times) 1.1 1.4 Return on fixed assets (%) 36.6% -71.8

percent from Q3/2018). The Company recorded extraordinary items which affected the financial statements in the second half of the year, e.g., recognition of the costs of improvement of production efficiency

listed company 1. To increase efficiency and reduce the cost of transportation of products in the group companies 2. To increase more business channel in the group companies. 3. To gain dividend from

to the Group company has reorganized the structure to be more flexible and to increase ability and efficiency in business competition. Loss on temporary investment Loss on temporary investment amounts