Q1/2017 due to the declining in raw water sales volume) and Net profit attributable to Equity holders of the parent company was 302.67 million Baht, decreased by 61.26 million Baht or 16.83% compared

Gross profit 94,309 91,490 83,320 10,989 13.2 Other income 2,454 2,858 1,453 1,001 68.9 Profit before expenses 96,763 94,348 84,773 11,990 14.1 Selling and distribution expenses 25,061 22,708 23,815 1,246

11.86% Finance cost 19.72 18.41 (1.31) (6.64%) Income tax expenses 17.98 22.21 4.23 23.53% Net profit 70.57 80.50 9.93 14.07% Net profit ratio (ROS) 20.41% 18.98% Earnings per share (Baht) 0.13 0.15 0.02

Leases and TFRS #9 financial instruments have been adopted since 2020, which impacted our net profit leading to a decrease of THB 250 million. Financial summary for 3 months period ended June 2020 and June

loan to support working capital, especially in additional accounts receivable, including imported raw material, and increase in long term loan for fixed assets acquisition. Since there was dividend

short-term and to support business expansion in the future. The consolidated long-term loan in non-current liabilities increased by Baht 135.25 million, and consequently, as at 31 December 2017, has

million or gross profit percentage increase by 11.3%. Description 1Q2019 Million Baht 1Q2018 Million Baht Change Million Baht Change (%) Total revenue (Million Baht) 3.95 8.24 (4.29) (52.1%) Total cost of

increase in trade accounts payable and Bank overdrafts and short- term loans from financial institution by Baht 41.56 million as a result of more purchasing of raw material to support higher sales. In

life and non-life insurance brokerages. The business is focus on support hire purchase loans insurance services of Ratchthani Leasing Public Company Limited. Net profit for the second quarter of 2020 was

No. AC 070/2562 KHON KAEN SUGAR INDUSTRY PUBLIC CO., LTD 503 K.S.L. TOWER, 9th FLOOR, SRIAYUDHYA ROAD, RAJATHEVI, BANGKOK 10400 16 September 2019 SUBJECT EXPLANATION FOR THE DECREASE IN NET PROFIT