0.30 -623% Note : (1) Adjusted EBITDA refers to EBITDA excluding impact of Stock Gain/(Loss) and NRV (2) Extra items were expenses from raw materials derogation amounting to THB 2,004 million net of tax

million, mainly caused by increased of finished goods Baht 389.1 million, work in process Baht 72.1 million, raw materials Baht 68.4 million, supplies Baht 22.5 million, and decreased of goods in transit

purchasing raw materials and more short term loan of 77.50 Million Baht, Left in stock inventory of 143.85 Million baht, decline in trade receivable and other receivable of 86.72 Million Baht, more outstanding

of pipes for the quarter 3/2019 was 87.82% of income. The cost per income rate decreased when compared to quarter 3/2018 which was 93.63 percent of income. The major reason was the cost of raw

Baht 81.2 million, raw materials Baht 176.7 million, increased of supplies Baht 6.7 million and goods in transit Baht 43.9 million. -2- 5. Maintenance supplies decreased Baht 10.7 million. 6. Property

last year, driven by the Company was able to control key raw materials price and also increased the operation’s efficiency continuously. Selling Expenses Selling expenses was Baht 1,497 million decreased

due to raw materials for engineering service. The group’s liabilities decreased by Baht (12) million, mainly due to the following reasons: • Bank overdrafts and short-term borrowings from financial

year (decreased by 3.3 percent from Q4/2019), primarily due to the declining prices of seaweed as main raw materials in the production by 8 percent and the discontinuation of the production line in the

of raw materials shortage and postponed the shipments as compared to same period of last year. 2. Cost of sales For the second quarter ended 30 June 2020, the Company’s cost of goods sold was USD

increased of finished goods Baht 65.4 million, goods in transit Baht 16.8 million, decreased of work in process Baht 32.8 million, raw materials Baht 61.2 million and supplies Baht 3.3 million. 5. Maintenance