, which include plastic fabrics. And increase production capacity and selling higher gross profit margin products, including Gravure Coated Sacks. In addition, the selling price of the machinery is

labor. The Company will increase production capacity and selling higher gross profit margin products, including Gravure Coated Sacks. In addition, the selling price of the machinery is reasonable. As the

its distributor in China as mentioned above, and as a result, the available resources for production, namely machinery, labor and fixed costs, did not match with actual production volumes, not to

Machinery and equipment 9,306 7,448 Total right-of-use asset 111,218 84,008 Ratio Consolidated financial statement 2019 Q1/2020 NET PROFIT (%) 5.35% 28.10% EBIT (%) 8.24% 33.32% EBITDA (%) 12.28% 41.74% ROE

started utilizing its tax benefits approximately Baht 70.0 million from the investment in new machinery. Q1/2020 vs Q4/2019 (QoQ)  Net profit in Q1/2020 reduced by 16.0% QoQ, mainly due to the decreased

equipment dropped by 38.46% QoQ due to decrease in demand on products. • Other revenues comprise of revenue from sale of scrap and zinc and machinery rental. Cost of Goods Sold • Cost to revenue from

25 4.4 Treasury Operations 29 4.5 Capital Requirements 29 4.6 Credit Ratings 31 5. Operations of Support Groups 33 5.1 Human Resource Management 33 5.2 IT Management 35 1 1. Overview of Operating

, Article 27 regarding the board of directors’ meeting and Article 36 regarding the shareholders’ meeting to (1) increase the foreign shareholding ratio to support the allocation of newly issued ordinary

annual salary increment and the increase in executive positions to support growth in the future. 5. Net profit and net profit margin In year 2018, the Company posted a net profit of Baht 306.27 million, a

, mainly from loan to support new energy projects of the Company. The year of 2018 needs to be evaluated as the early stage into the transition of the company to new sustainable business. To enhance its