remaining two segments, Integrated Oxides & Derivatives and Specialty Chemicals are expected to resume their earnings from unplanned shutdowns, except IPA which we believe will recover over the next 12-18

Belgian Central Agency, met the quality standards for use of the "Towards Sustainability" label. Please see the Fund's permission to use the "Towards Sustainability" label found here. The "Towards

ก่อนเลก็นอ้ย สาเหตุหลกัจาก ก าไรขั้นตน้ในส่วนธุรกิจ Packaging & Label ลดลง อตัราก าไรขั้นต้น ภาพรวมธุรกจิ ผลการด าเนินงานใน ปี 2562 หน่วย : ล้านบาท เปลีย่นแปลง ปี 2562 ปี 2561 (ร้อยละ) ตามงบการเงิน ราย

1,831 (26) (1.4) Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) In 1Q18, the Company has earnings before interest payable, tax, and depreciation (EBITDA) pursuant to the Financial

Baht 24.46 million, a decrease of 62.93% compared to 2017. Final earnings per share resulted at Baht 1.15. Total Revenues 2018 2017 Change (Million Baht) (Million Baht) (%) Sales 2,020.63 2,147.64 (5.91

discharge & complaint SW income for THB 3.7 million. Without this adjustment, administrative expenses would have been decreased by 4%. Earnings before interest, taxes and depreciation (“EBITDA”) EBITDA (not

% 112.68 99.26 14% Earnings before interest tax and deprecation 114.01 80.11 42% 270.02 218.00 24% % Earnings before interest tax and deprecation 29% 25% 4% 26% 24% 2% Other income /(expenses) 5.00 2.84 76

% 986.58 876.62 13% Gross margin 108.76 79.99 36% 417.39 332.84 25% % Gross margin 30% 25% 4% 30% 28% 2% Administrative expenses 40.51 38.10 6% 153.19 137.37 12% Earnings before interest, taxes and

69.76% Total Liabilities 2,728.63 1,850.87 877.75 47.42% Issued and paid-up share capital 333.80 333.80 - - Premium on ordinary shares 587.17 587.17 - - Retained earnings – Appropriated 40.00 36.29 3.71

% Issued and paid-up share capital 80.00 80.00 - - Retain earnings Appropriated-legal reserve 0.10 0.80 0.70 696.44% Details Financial Statements for the year ended 31 December 2017 31 December 2018 Change