2.5% compared with QoQ, primarily due to declining of write off obsolete inventories during the period. The Company reported shutdown expenses for inventory management against sales volume in 3Q17 at

resulted in THB sales declining by 3% of total sales or roughly Bt446 million in 2017. Cost of Sales and Gross Profit In 2017, the cost of sales was an average 70% of sales, an increase from 65% in 2016

declining rate resulting from the risen in gross profit margin from 6.88% in 2016 to be 7.05%. This was derived from the higher selling price in 2H/2017 resulting from plant maintenance shutdown of some

Service Income and Other Income Rental and Service income for the first quarter in 2019 was 155.5 million Baht lower than the first quarter of 2018 at 5.0%. A declining in rental and service income was

continuously declining of crude palm oil price. 3. Selling and Administrative expenses increased Baht 3.14 million or 6.20% from the corresponding period of the previous year, derived from an increase of

sharing of gain from investment value of the associates and joint venture, for the 1st quarter 2018 amounted to Baht 0.25 million with the details as follows; 1. SAFE Energy Holdings Company Limited (SAFE

Baht 54,282.02 million, a 2.02% declining from the end of 2017 As of March 31, 2018, the Company and its subsidiaries had total liabilities of Baht 54,282.02 million. A decrease of Baht 1,119.36 million

for marketing and advertising campaigns, hence no such expenses to be borne. 4. Administrative expenses The Company’s administrative expenses in Q1/2018 accounted for Baht 14.60 million, declining year

sales 612 386 226 59% 1,075 736 339 46% • As a results of declining in economics situation, sales revenue of Food Center and restaurant declined 17%, in Q2/2018. 3 / 4 2.2 Gross profit by segment Unit

declining from external trade receivables of 53.18 Million Baht and related debtor (EMC) has pay debts to subsidiary (UWC) as amount of 170.00 Million Baht and decline in advance payment of 8.70 Million Baht