and ice cube factory Revenues from Ports and Terminal Services, the subsidiary (AIPT) were received from the Company who was only customer to AIPT, therefore such transaction will not show in Revenue

by 6.26 % compared to last year. Total sales were Baht 2,020.63 million, decreased by 5.91% due to the economic trade wars that effected global market. The export customers were affected from currency

certified public auditor as follows: Overall performance results of the Company for the year ended 31 December 2018, compared to the same period of the previous year were highlighted as below; (Unit : Million

business for the year at the end of 31 December 2018 • Decrease in gross profit of the company was Baht (81.00) million or decreased (33%) from Baht 244.53 million to Baht 163.53 million, which were mainly

higher in borrowing and interest rate. 5. For the year 2018 there were other revenues of 3.97 million baht and gain on commodity swap of 44.44 million Baht . Loss from exchange rate was 0.083 million Baht

Cost The financing cost of 4Q19 was barely zero as loans were almost paid-off. Net Profit Net profit attributable to the Company of 4Q has increased significantly by 16% yoy with the margin nearly

expected due to declining global trade volumes and the slower economic growth of major trading partners, which were affected by trade tensions between the US and China. Export growth has been negatively

overall selling price decrease, especially for Caustic Soda due to the fall of its market price trend, plus impact from appreciation of Thai Baht against US Dollar. However, those negative impacts were

estate. 1.4) Other incomes decreases 7.10 million baht or 72.55% due to there were gain on sale of assets 9.14 million baht from selling of office buildings, PS Tower. 2. Cost of sales and services of the

Company had to make this sale for the reason that QI’s founders and major shareholders, who are not related parties to the Company, were all in favor of disposing QI to Continental. This transaction is at