rate will bring the fixed cost per unit down and increase the Company’s capacity to generate profits. The business turnaround plan will also include hiring Synergy Strategic Solutions Management DMCC

5,697 22% Gross profit 2,188 1,459 1,511 (31%) 4% 2,815 2,970 6% Gross profit margin 38% 32% 37% (1%) 5% 38% 34% (3%) Notes: : 1. Including gas pipeline transmission cost (fixed cost) 2. Since Q1/2020

aiming at recovery with no additional significant investments; increasing production volume in order to ramp up asset utilization and manage fixed costs; cost control and cost reduction management; cash

result of a decrease in interest expenses on deposit due mainly to a declined in cost and volume of fixed deposits, and a decrease in interest expenses on debt issued and borrowings from the early

decreased by -6% as a focus on optimizing costs has shown good progress. On the variable cost side fuel costs were higher than in the same period last year and also in fixed costs related to production

employee incentive programs. On the variable cost side fuel costs were higher than in the same period last year and also in fixed costs related to production maintenance cost increased due to the earlier

last year and also in fixed costs related to production maintenance cost increased due to the earlier than expected improvement projects on the kilns. However, maintenance has normalized and the average

management have handled the situation prudently and carefully. We have been focusing mainly on the financial health of the company including managing fixed and variable cost as well as liquidity management

increase in volume and cost of na tural gas, long term maintenance cost following contracts, and the increased in fixed personnel costs. Revenue Revenue from Small Power Producer (SPP) in Q3/2019 is Baht

company has changed the classification of operating income and cost of sales resu lting in the operating income until the gross profit being reported differently from the previous periods Operating