sell by-products that excess the need of its biodiesel and refined glycerine productions. 1.2 Sea Freight Service The Company’s subsidiary (“AIL”) has ceased its operation and in the process of

Fottery Public Company Limited 1 19 Moo 15 T, Sotrprab A. SobFrab Lrmpang 52170 Thalland Tei: il.66) 05,i-856996 Frx: i-S6) 05]i-2E6556 ,r"Air!l, il0mepcttery, ccm November 12,2419 Subject l\Ianagement

Air Conditioner (WATER INT PAD: Water Intelligent). In addition the Company still development quality of product and service followed by client’s standard that appropriate with their business. The

% in 2Q19 compared to 12.9% in the same period in the previous year. Selling expense, such as freight costs and sales commissions, decreased compared to 2Q18 in line with lower sales. Administrative

the same period the previous year. Selling expense, such as freight costs and sales commissions, decreased in line with lower sales. Administrative expense decreased mainly because of an adjustment of

administrative expense amounted to Bt322.1 million in 2Q20, or 15.13% of sales, a decrease from Bt415.5 million in the same period last year. Selling expense, such as freight costs and sales commissions, decreased

173.84 in 2020. The main reason of the increase is a result from a dramatically increased of freight charge. Profit (loss) from operating activities In 2020, the profit (loss) from operating activities of

-year. Significant cost of sales consisted of cost of goods, imported freight, packaging cost and other import related expenses. Cost of sales is accounted for approximately 36.82 % of sales revenue with

were higher than historical norms, caused a hike in sales of cooling items such as air conditioners and fans. The company also undertook various promotional activities, as well as organizing the HomePro

Installation of Foam system for Remote Impoundment, and new project such as Heating, Ventilation and Air Conditioning of In-Plant Power Generation. 5. Testing and Inspection service slightly decreased from the