, in compliance with the decrease in revenue from sales and services. Gross profit margin of the second quarter of 2020 was 14.70% of revenue from sales and services increased from the corresponding

) increased sales of delivery. Franchise fee income decreased from THB 21.0 Mn in the 2nd quarter of 2018 to THB 17.3 Mn in the same period of 2019, a decrease of THB 3.7 Mn or 17.6%. And for the six months

from Sales and Services Description Year 2020 Year 2019 Increase / (Decrease) Million Baht % of Total Revenue Million Baht % of Total Revenue Million Baht % Revenues from Sales 1,143.16 92.40 1,213.54

hereby clarifies the changes in the performance as follows: FINANCIAL PERFORMANCE FOR THE YEAR OF 2018 Consolidated Financial Statements 2017 2018 Increase/(Decrease) THB mm THB mm THB mm % Total Revenue/1

first five months of 2017 totaling 14.3 million, a 2.7% growth 3) Agricultural sector also improved from the increased in global agricultural prices and sufficient water level led to favorable farming

six months of 2017 totaling 17.3 million, a 4.4% growth 3) Agricultural sector also improved from the increased in global agricultural prices and sufficient water level led to favorable farming

Profitability (2.1) Revenues from Sales and Services Year 2017 Year 2016 Increase / (Decrease) Description Million Baht % of Total Revenue Million Baht % of Total Revenue Million Baht % 2nd Quarter (April – June

13.58% from the same period of previous year. This was due to decrease in the delivery of pre-stressed concrete piles, post-tensioned and special cement which was Baht 101.24 million. However, the

the same period of the previous year respectively. The Company would like to clarify the significant reasons for the decrease in profits for the third quarter and nine month period of 2019 compared to

the decrease of expense in the business operation of the Company. 8 Enclosure 1 7. Basis Used to Determine the Value of Consideration The basis used to determine the value of consideration for the