slightly declined from the high base of last year. For export sector, exports value remained stable for Q418 from the same period last year due to the high base effect of last year and also from the trade

crisis together with no layoffs or pay cuts. The work-from-home policy has been implemented together with several measures to ensure that high quality of our services is not impacted. For business, most

SPP plants, gross profit decreased by Baht 92 million due to the decrease in electricity and steam sales volume from Rayong Central Utility Plants (CUP) as major industrial customers had a planned

of the main customers in South America expanded more branches and the new policy of the Company to sell products to only one customer in some country where the customer has high market shares in

0.20 Interim Management Discussion and Analysis Analysis of Overall Performance The distribution business of the plastic resins, plastic, and petrochemical related products needs relatively high working

 Analysis and Sales and Administration Analysis The Gross Profit margin was 15% in Q217 up from Q216 at 12% due to increased sales volume, and a more favourable product mix. Page 1 of 3 Operating Profit

0.31 Interim Management Discussion and Analysis Analysis of Overall Performance The distribution business of the plastic resins, plastic, and petrochemical related products needs relatively high working

 Sales Analysis and Sales and Administration Analysis The Gross Profit margin was 15% in Q317 up from Q316 at 14% due to increased sales volume. Page 1 of 3 Operating Profit Analysis Year‐on‐year operating

economic slowdown resulting in declining export and plunging tourists’ spending especially Chinese tourists. The instability in Thailand politic and election in March 2019 slowed public investment. High

0.28 Interim Management Discussion and Analysis Analysis of Overall Performance The distribution business of the plastic resins, plastic, and petrochemical related products needs relatively high working