subsidiaries by having the main substance is as follows. (Unit: Thousand Baht) Revenues Gross Profit Selling Admin Net profit 2017 837,308 293,207 80,159 93,260 -236,013 2018 929,354 325,527 88,001 79,800

the year of Baht 358.1 million as compared to the 2017, the company and its subsidiaries have profit for the year of Baht 1,015.0 million, decreased Baht 1,373.1 million or 135% for the following main

5,356.66MB in year 2017. The main reasons for the substantial difference are as follows:  Costs of goods sold decreased by 5% to 4,579.01MB in year 2018 from 4,806.81MB in year 2017. This is because the

the Company recognized lower sales revenue from overseas sales resulting from Thai Baht appreciation against 3 major currencies (USD, EUR, and AUD) as main revenue structure. Cost of sales, Selling and

to Baht 39.21 million, which increased by Baht 12.66 million, or 48%,. The main cause was more commission income in of 2018, which increased by Baht 13.40 million. 1.4 Operational profit and net profit

of Baht 5.76 million, a decrease of Baht 36 million from net loss of the previous year. The main reasons for the substantial difference are as follows: Renewable energy business The Company reached

1,238.5 million as compared to the 2018, the company and its subsidiaries have loss for the year of Baht 358.1 million, increased of Baht 880.5 million or 246% for the following main reasons; 1. The total

from overseas sales resulting from Thai Baht appreciation against 3 major currencies (USD, EUR, and AUD) as main revenue structure. Cost of sales, cost of distributions and Administrative Expenses: For

from sale decreased 9.97 percent from consolidated whereas the main revenue generated from furniture as the core business decreased 9.44 from the previous year as well. That caused from the management

Margin was affected by two major factors: 1) a change in foreign currency rates Table 1: Foreign currency exchange rates and sales in foreign currency 2) a higher cost of main raw materials Table 2: Raw