Income (expense) tax revenue (1.28) (0.24) (1.04) 433.33 Net Profit (loss) 103.65 42.91 60.74 141.56 2 /8 ( ) Union Textile Industries Public Company Limited : 205 4 . 39.5 10280 . 0 2323 1085..96 : 0 2323

lower than the decreased rate in revenue, since the rest of equipment for lease project had a quite low gross profit margin and a higher equipment maintenance expense. Summary of Operation for Q4-2018

baht 10,474 12,123 12,547 Gross profit margin (%) 20.47% 22.84% 25.49% ratiosConsolidated financial 2019 2018 2017 Financial data and profitability ratios (continuous) Operating expense (including

expense has decreased due to the lower net result. Net income was down significantly due to the reduced revenues and increased finance cost which will reduce in 2020 as long-term loans are repaid. Golden

THB 9.10 million in the 1st quarter of 2016. Due to the cancelation of Edible Oil Sale department lead to the decreased in the selling and administration expense. Administration Expenses The company’s

whiling capable of using more efficient operating system by applying CCPH’s data system control know-how in seeking to even lower the operation expense through fewer manpower yet with higher efficiency

) 2Q 2016 1Q 2017 2Q 2017 QoQ (%) YoY (%) Operating Revenue 181 190 199 4.9% 9.6% Cost of sales 79 89 87 -1.7% 10.4% Gross profit 102 101 112 10.8% 9.1% Selling, General & Administrative Expense 53 66 64

number of days in Q2/2017 than in Q1/2017. Also, when comparing Q2/2017 to Q2/2016, the depreciation and amortization expense increased by Baht 10 million or 3%. The increase is mainly from the COD of CHPP

period For the period of three months ended 30th June 2017, the Company and its subsidiaries had profit before interest and tax of Baht 75.54 million. After deducting the financial expense of Baht 1.64

(mn) 3Q 2016 2Q 2017 3Q 2017 QoQ (%) YoY (%) Operating Revenue 172 199 262 31.8% 52.1% Cost of sales 79 87 106 21.7% 34.8% Gross profit 94 112 156 39.7% 66.7% Selling, General & Administrative Expense