. Besides, part of the operating expenses is fixed costs, although revenue will decrease. Therefore, the decreased rate of profit was higher than the decreased rate of total revenue. Topic Annual Balance

Total Revenues 7,550 4,432 3,118 70.3% Sales and service income 7,300 4,244 3,056 72.0% Gains on Exchange rate 175 108 67 62.0% Other Income 75 80 -5 -6.2% Cost of Sales and Services 6,486 3,848 2,638

received in the future throughout the lifespan of the instruments and the principals to be repaid, discounted as the present value. It is used to measure the rate of return of a fixed income fund, calculated

Company Limited No.3/2019, due 2020 have a term of 1 year. Issue size Up to Baht 200 million Par value Baht 1,000 per unit Interest rate fixed interest rate of 7.00% per annum Issue date 7 March 2019 Call

lower rate than the decreased in revenue. This is because in Q2-2021, the allowance for expected credit losses was reversed and those are also better able to cover fixed cost due to higher revenue in Q2

compared to the same period of last year including 1Q20. This is because the customers’ purchase orders had increased, and as a result, the overall utilization rate was higher, and consequently the

profit margin decreased from 39.18% in 3Q18 to 36.25% in 3Q19. This is because the customers’ purchase orders had declined, and as a result, the overall utilization rate was lowered, and consequently the

Change Amount % Change Total Revenues 7,792 7,550 242 3.2% Sales and service income 7,624 7,300 324 4.4% Gains on Exchange rate 69 175 -106 -60.3% Other Income 99 75 24 30.8% Cost of Sales and Services

decrease in gross profit margin was due to the depreciation of the U.S. dollar currency and an increase of the fixed cost per unit of products produced at Laem Chabang factory while the production decreased

193 million, and completed its issuance and offering of USD 300 million notes with a tenor of 10 years (maturity date in 2028), and a fixed interest rate of 4.50 percent per annum. 4.2.3 Trade accounts