transaction Partners of Contract Seller: Kinpo Electronics, Inc. (“Kinpo”) Buyer: Cal Comp (Malaysia) SDN. BHD. (“CCMY”) Type of fixed asset 2 set of high speed mounting machine at 10 years of lifetime and

drop in the average selling price. 3. Selling expenses Selling expenses accounted for Baht 82.72 million in the first nine months of 2019, mounting by Baht 21.00 million or 34.02% from Baht 61.72 million

than expectated, thus Japan Kerosene imports decreased.  Gasoil / Dubai crack spread (GO/DB) in 2018 averaged at 14.68 $/BBL, increased by 2.17 $/BBL compared to 2017 supported by the mounting demand

$/BBL, a decrease of 2.26 $/BBL compared to Q2/2018 caused by supply pressure mounting within the region as China increased its export by 40% compared to the same period of the previous year, leaving

Brent and Dubai spread (DTD/DB) in Q4/2019 on average increased by 0.30 $/BBL when compared to Q3/2019, due to the support received from the mounting demand of light crude in Asia, to prep for the

averaged at 11.63 $/BBL, an increase of 4.06 $/BBL when compared to the previous quarter, due to the mounting pressure from the maintenance of multiple refineries in North Asia. Moreover, there were demand

101.48 million or 65.46%, which was in line with the sharp rising in revenues from sales in this period. Gross profit margin in year 2018 was 61.51%, going up by 59.98% year-on-year. The growth in year

88.71%. Major reason for sharp decrease in Company net income is due mainly to decrease in revenue from real estate business. In addition, the Company has heavily spent more in marketing and advertising

and services increased by 10.87% from last year due to the sharp increment of raw material prices during Quarter 2 to Quarter 3 especially in natural rubber, synthetic rubber and chemicals groups. The

- 2. Cost of sales and gross profit The Company’s cost of sales in Q3/2018 amounted to Baht 57.43 million, rising year-on-year by Baht 25.81 million or 81.63%, which was in line with the sharp increase