the past 300 days by The Labor Protection Act (No.7), B.E. 2019. - Cost of finance decreased from 24.38 Million Baht from 2018 to 22.27 Million Baht in 2019 decreased 2.11 Million Baht due to decreased

oil and labor costs In the first quarter of 2019 The Company is able to deliver work that has been postponed from the previous year to more customers and recognizes revenue according to the success of

Baht 84.29 million in the first quarter of 2018, representing 45.29% and the gross margin increased from 8.11% in the first quarter of 2017 to 11.25% in the first quarter of 2018 due to lower labor force

3.78 Million or 15.53% when compared to the same period of 2018. Resulting from increasing in the employment benefit obligation based on the Labor Protection Act (Issue 7) B.E. 2562 which revised in rate

from employee benefit according to the Labor Protection Act (No. 7) B.E. 2562 in the amount of THB 39.60 million. As a result the Company's net profit margin to total revenues decreased from 5.00 percent

lower production labor cost. Gross Profit Margin Gross profit margin is equal to 35.71% in the 1st quarter of 2018, which rose from 27.25% that was booked in the same quarter of 2017. The main cause

2017 Consolidated Profit & Loss of NIPPON PACK (THAILAND) PCL., Unit : Million Baht Year 2017 Year 2016 Change %YoY Revenue from sales and services 621.1 540.2 80.9 15% Revenue from food and beverage

from the private sector and the government slowed down. There is intense competition. The cost of goods increases from the labor cost that the company must bear. In the second quarter of 2019, the

% increased from Q2/2016 or in Baht 1.7 million. - Swine farm business recorded its GPM of Baht 5.5 million which decreased of Baht 8.1 million from Q2/2016 due to decreasing of pork price and rising of labor

Consolidated Financial Statements as of March 31, 2019. The clarification on the Company’s operating results for Q1/2019 are as follows: From the Consolidated Financial Statements for the 1st quarter of 2019