Margin Gross profit margin decreased from 37.91% in 2018 to 35.47% in 2019. This is because the customers’ purchase orders had declined, and as a result, the overall utilization rate was lowered, along

from China. The overall sales volumes increased as a result of higher Caustic Soda sales due to lower EDC purchase, and higher ECH sales from greater demand from Taiwan and two Indian key accounts

parties to the company (3) General transaction description : The company will purchase the 627,000 ordinary shares from the 12 non-connected parties in an amount not exceeding Baht 93 million. (4) Purpose

decreased of 8.33% from the same period of last year due to controlling the purchase resulted in a decrease in accounts payable of Baht 19.00 million and settle loans from third parties and long term loan

already installation resulted low inventories. Total liabilities was decreased of 12.76% from the same quarter of last year due to controlling the purchase resulted in a decrease in accounts payable of Baht

same quarter of last year due to controlling the purchase resulted in a decrease in accounts payable of Baht 8.14 million and settle loans from third parties and long term loan. The shareholder’s

bargain purchase 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Profit before Selling and Administration expenses 58.17 39.31 40.12 0.81 2.06 -18.05 -31.03 Selling expense 11.98 11.33 14.40 3.07 27.10 2.43 20.25

ทดสอบกระดาษหัวจดหมาย IRC 5 -Translation- November 22, 2019 Subject: Management Discussion and Analysis Fiscal Year 2019 To: Managing Director The Stock Exchange of Thailand Inoue Rubber (Thailand

. Therefore, its sales revenue was unavoidably impacted. Though the lockdown was gradually released since 17 May 2020, purchase power of consumers remained stay in low level. According to the economic factors

margin is equal to 33.74%, which decreased from 40.17% as compared to the same quarter of 2019. This is because the customers’ purchase order had declined, and as a result, the overall utilization rate was