decreased aligning to the reduction in CFC sponsorship fee. Selling expenses were THB 470 million, a decrease of THB 61 million or 11.4%, representing 10.4% of total sales, down from 14.1%. The key expenses

2019 Depreciation New estimated 2020 Depreciation Change Increase (Decrease) Building 35 45 10 Equipment & Machinery 748 359 (389) Total depreciation per year 783 404 (379) For consolidated financial

1,674.44 million and THB 1,249.63 million respectively, slipping significantly at a rate of 25.37%. The slump in international sales revenue is still accountable for the decrease in sales revenue as

mainly due to a reduction in bank deposits with collateral, as the company withdrew a guarantee credit line from one financial institution. The decrease in right- of- use assets resulted from depreciation

2018, Sales revenue of the Company was recorded at THB 1,256.44 million and THB 983.36 million respectively or equivalent to a drop of 21.73% which is considered a consecutive decline from the last

2018 to Bt12,097.4 million in 2019, representing a reduction of 13.5% Y-o-Y, while sales revenue in USD terms declined by 9.8% Y-o-Y to USD393.0 million. The Y-o-Y decrease in revenue was due mainly to

Engineering Polymer business unit was dropped by 0.86%. And the sales value of Specialty Chemicals business unit was increased by 5.02%. The 14.20% decrease in total sales revenue was mainly due to the decline

the sales value of Specialty Chemicals business unit was increased by 20.62%. The 6.31% decrease in total sales revenue was mainly due to the decline in sales value of Commodity Polymer business unit as

13.58% from the same period in 2018. The decrease in revenue resulted mainly from the decline of revenues from the manufacturing and selling of Special Cutting Tools segment, which include sales from the

63% of total turnovers with revenue of 1,550 million baht, a decrease of 188 million baht or 11% y-y, mainly resulted from a reduction in interest rate for credit card by 2%, which effective in 1st