Solar Energy Business 131.23 121.16 10.07 8.31 Cost of sales and services 198.74 137.74 61.00 44.29 Printing Business 147.84 88.57 59.27 66.92 Solar Energy Business 50.90 49.17 1.73 3.52 Gross Profit

6,516 million due to the significant decrease in sale volume and increase in tolling service). Total gross loss of year 2018 amounting to Baht 230 million comparing with gross profit Baht 728 million for

have been affecting sales both in terms of quantity, selling price and eventually resulting to softer gross profit of various group products in higher competition. In terms of expenses in the current

obligation accounting estimated amounting of Baht 1.84 million which included in Cost of sales in Quarter 2/2019. Cost of sales ratio at 86.59% (2018: at 90.11%) which effected to the company has a gross

lower average selling price due to fewer big projects & price competition, and then lower gross profit margin. 5. Cost from the water management business for the quarter 1/2018 was 77.82% of income in 1.2

main customers in Saudi Arabia. Sales from South Africa zone increased by Baht 11 million from main customers in Peru and Chili. Gross profit margin decreased 9% and Net profit decreased 22%, main reason

loan 333 Page 3 of 3 T.K.S. TECHNOLOGIES Financial Ratio Analysis Profitability Ratio 31 Mar 18 31 Mar 17 Gross Profit Margin (%) 23.0% 26.6% Net Profit Margin (%) 36.3% 25.6% Efficiency Ratio 31 Mar 18

120.20 Gross profit 104.58 30.24 64.81 37.17 107.94 30.92 69.49 38.81 39.77 61.36 Selling and Administrative expenses 51.51 14.90 46.74 26.81 50.05 14.33 44.91 25.08 4.77 10.21 Selling expenses 41.15 11.90

of sales to sales by 97.2%. The company has a gross profit of Baht 4.2 million. 3) The selling and administration expenses increased by Baht 0.7 million compare to the quarter 1/2017. (quarter 1/2018

to the aforementioned consolidation and cost of digital billboards network. As operating revenue increased more than cost of sale, Gross profit margin grew to 63.3% from 56.1% in the same period last