including the impact that must result in a price adjustment and the adjustment of the selling price is quite difficult because this business group is highly competitive in the current economic situation

2019 Page 2 of 3 T.K.S. TECHNOLOGIES \ THB million Q1’19 Q1’18 %Chg As Reported (% to Sales) Total Selling Exp. 27(4.1%) 12(3.8%) 121.9% Company 8(1.2%) 12(3.8%) (31.8%) TBSP 19(2.8%) - 100.0% For the

the main reason that the Company has a net loss from operation since the selling price of biodiesel has decreased according to the price of crude palm oil in the market, while the price of crude palm

25.5% Total Revenue 774.5 689.6 12.3% 775.2 -0.1% Selling and Administrative expenses 304.4 267.3 13.9% 326.9 -6.9% Profit before interest & tax 121.0 100.1 20.9% 93.2 29.8% % 15.6% 14.5% 12.0% Finance

61.24 241.21 70.71 30.44 12.62 Gross profit 176.47 39.38 104.58 30.24 183.33 40.29 107.94 30.92 71.89 68.74 Selling and Administrative expenses 81.50 18.19 51.51 14.90 78.22 17.19 50.05 14.33 29.99 58.22

PUBLIC COMPANY LIMITED Selling Expenses The selling expenses for the 2nd quarterof Year 2018 and 2019 were in amounts of Baht 2.96 million and Baht 3.30 million, increasing by 11.6%. The proportion of

same quarter of 2018, as a result of decreasing in sales. 3. The Company’s selling and administrative expenses in the 2nd quarter of 2019 were Baht 220.51 million, increased from the same quarter of 2018

the gross profit margin was 7.26%. Due to the average cost of raw material was lower than the market price. 3. Selling expenses was Baht 36.79 million which increased Baht 3.58 Million or increased

1,820.49 1,935.37 Selling & Administrative Expense 127.76 127.87 Finance Costs 24.29 21.34 Net Profit 32.34 (10.11) Earnings per share (Baht) 0.081 (0.025) The comparison between Second Quarter of 2019 and

to customer on time of price of Raw material increased. - Selling and administrative expenses of Q1/2017 was 9.96% of sale, decreased to 8.81% in Q1/2018 a decrease of 1.15% from sale due to sale