million or 29.3 percent due to the reduction and more efficiency control. The selling expenses ratio for the period of three months ended 30th June 2020 was 2.66 percent of sale and service, higher in

joint ventures and higher depreciation and finance costs due to the adoption of TFRS16 • Total assets as of 30 June 2020 stood at THB 64,158mn, increasing by 19.9% or THB 10,627mn from 31 December 2019

and THB 2,752 Million during the last 6 months. Apart from debt reduction, the cash injection from rights issue is enabling the Company to take up several critical Capex for operational improvements and

Quarter. These were partly offset by reduction in expenses due to termination of Tolling Arrangement which was carried out Last Year Quarter. 3rd Quarter 2019 3rd Quarter 2018 Own production Tolling Total

102.87 3.89% 318.85 10.86% 215.98 209.95% Trade and other current receivables 270.06 10.22% 372.57 12.69% 102.52 37.96% Inventories 1,366.64 51.70% 1,480.99 50.44% 114.35 8.37% Total current assets

2018, the Company, Pace Project One Co., Ltd. (“PP1”), Pace Project Three Co., Ltd. (“PP3”), and a director entered into buyout agreement on disposal of assets in PP1 and PP3 in total of not exceeding to

THB 476 million for Q2-2016. The reduction in profit margin was caused from the selling price dropping as the decrease in HRC market price worldwide and a stagnant of Thai economy in the first half of

285.52 mb (2017: 289.96 mb), the reduction is mainly due to the smaller payment of license fee to partners as we registered less sales in the financial solution division. It is worth mentioning that we

2.88 million since the reduction of consulting fee. 4. The trading income which was recognized for the first time in year 2018. 2018 EN MS SE TD Total Revenue 680.44 769.52 127.66 94.96 1,672.58 Gross

reduction such as greater productivity, optimizing human resources • Installing Solar Rooftop to promote green environment and optimize utilities. The first project is in Phra Nakorn Sri Ayutthaya outlet and