economic benefits and to be in line with Group policy. The Company's gross profit was THB 230.0 million, increased by THB 3.4 million, or 1.5% yoy. This year gross profit margin at 23.1% of revenues from

% ] Cost of Sales 2,424.7 2,457.1 2,628.9 Gross margin, % 18.98% 21.09% 27.84% SG & A 415.5 403.1 471.4 Operating Profit * 213.3 248.2 -14.1% 527.1 -59.5% Net Profit-Consol. F/S 159.0 268.6 -40.8% 558.0

affected by decreasing in total revenue from sales. The consolidated gross profit margin contributed of 14.76% in 2Q2018, decreased from 16.32% in 2Q2017. The participating loss from associates was THB 22.19

3Q2018, decreased by THB 89.36 million or 11.24% down from 3Q2017 affected by increasing in cost of sales. The consolidated gross profit margin contributed of 15.63% in 3Q2018, decreased from 18.08% in

(6,722) (5,037) (1,685) 33.5 Profit for the period 18,447 11,110 7,337 66.0 27,524 20,425 7,099 34.8 Gross profit margin 22.6% 23.6% (1.0%) 22.4% 23.6% (1.2%) Selling and distribution expenses per net

32% EBITDA 96 135 41% 177 248 40% Net Profit (Loss) for the Company 43 73 70% 77 127 65% Gross Profit Margin (%) 64.2% 66.5% 2.3% 64.1% 66.5% 2.4% EBITDA Margin1 (%) 31.8% 35.5% 3.7% 31.1% 34.3% 3.2

) 12 Months 2018 12 Months 2017 Variation THB % EBITDA pursuant to the Financial Statements 827 995 (168) (16.9) EBITDA Profit Margin per Total Revenues (percentage) 10.7 12.5 - (1.7) EBITDA pursuant to

Sales 67.52 63.17 199.93 176.20 Gross Profit 147.61 131.91 420.61 349.04 Gross Profit Margin (%) 68.61 67.62 67.78 66.45 Gross Profit Jan – Sep 2018 The gross profit of the Group was THB 420.61 million

in the amount of 30.91 million baht, which in line with a drop of sales. However, when considered to the gross profit margin, this Q1/2020’s gross profit margin has a better performance with 22.21

-phase1) 2) the increase in the maintenance expenses and 3) the increasing in the direct labor costs. The Gross profit margin of the Group was 50.6% compared to 61.2% of Q1/2019. Aviation Refueling Services