net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to prepare

: Thailand Automotive Industry Quarter 1 Change 2019 2018 Unit % Change Production 561,487 539,690 21,797 +4.0% Domestic 263,549 237,093 26,456 +11.2% Export 299,841 295,230 4,611 +1.6% Profit & Loss Analysis

% Change Production 504,458 516,879 -2.40% 1,065,945 1,056,569 0.89% Domestic 260,221 252,025 3.25% 523,770 489,118 7.08% Export 260,020 266,730 -2.52% 559,861 561,960 -0.37% Total vehicle production volume

sales because of the increased in production volume of pre-stressed concrete pile and precast concrete resulting in lower of cost per unit of such product comparing with the same period of previous year

1,809.44 million, a net profit of Baht 135.29 million due to the revenue from the sale of leather products for car seats decreased from the number of production cars according to the model received. In

12.48 (64.98) Equity 200.89 144.21 39.30 The Profit for Quarter 3/2018 was 4.37 million baht, while in Quarter 3/2017 net profit was 12.48 million baht decreased 64.98% and equity for Quarter 3/2018 was

Q4/2018, inventory loss was THB 2,517 million. In this quarter, the refinery’s average production rate was 110.12 thousand barrels per day, as there was a maintenance of the Hydrocracking Unit’s Gas

Business Group recorded an average production rate of 66.80 KBD (56% utilization rate), which declined, coinciding with the 2018 planned turnaround maintenance TAM (period between 30th April – 13th June

. Other income decreased by 1.42 million baht or 7.19 % from the year 2016. Main reason why the revenue from the sale of scrap was reduced because the waste in the production process was reduced by

pressuring net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to