project to facilitate the business sector (Regulatory Guillotine*) in order to facilitate and reduce unnecessary costs for the business sector. The consultation paper is available at www.sec.or.th

of low qualified assets left in the fund portfolio and they have to bear the costs associated with the asset sales. Meanwhile, the proposed risk management tools that fund managers can choose to use

costs Net profit (loss) Earnings (loss) per share Debt-to-equity ratio (D/E) Return on assets (ROA) Return on equity (ROE) Industry specific ratio such as average occupancy ratio (for hotel business

8.30 percent to 17.88 percent. The increased gross profit rate from trading business of telecommunication towers , which resulted in economies of scale lead to lower costs. 3. Sales and administration

21.71 2.73% 505.45 54.0% -483.74 -95.70% Loss from impairment of property investment 5.69 0.66% - - 5.69 100.00% Total Expense 723.45 84.40% 1,303.52 139.1% -580.08 -44.50% Profit before finance costs and

expenses 505.45 53.96% 112.11 20.9% 393.34 350.84% Loss from impairment of property investment - - - - - - Total Expense 1,303.52 139.15% 496.67 92.4% 806.86 162.45% Profit before finance costs and income

170.46 133.03 37.43 28.14 170.45 134.16 36.29 27.05 Costs of Sales (121.41) (96.45) (24.95) 25.87 (121.01) (97.42) (23.59) 24.21 Selling Expenses (11.81) (9.56) (2.25) 23.54 (11.81) (9.56) (2.25) 23.54

Q1/2018 in the amount of Baht 214.6 million (Q1/2017: Baht 164.8 million) which increased in the amount of Baht 49.8 million or 30.2% and reported profit before finance costs, share of profit of

, transfer fee and decrease in advertising costs. The Company and its subsidiaries' administrative expenses amounting to Baht 35.77 million decreased of Baht 5.28 million, or 12.85 percent. Financial Costs The

fuel grade and combined with other production costs lowering. Also with Glycerin price in the global market increasing, despite the sales volume of B100 products declining . The Ethanol Production and