investments in new machineries for replacements and a launch of the production automation under the scheme of Delta Smart Manufacturing. The company believes that it would be a key factor for the

last year and also in fixed costs related to production maintenance cost increased due to the earlier than expected improvement projects on the kilns. However, maintenance has normalized and the average

continuous exchange rate fluctuations since the beginning of the year because of mainly exporting to foreign markets. Since the Company’s production standards focuses on product quality (it is shown that the

from the rising in global steel price which was the raw materials of the Company’s products. However, the Company has procedures in managing cost by efficiently planning flat production, continue

production of the Company. Total Value and Criteria used in determining a transaction’s total value The Company will enter into an amendment of credit facility agreement with Link Capital I in the amount of

/2018. Total water sales volume was 69.46 million Cu.M. (excluding internal usage for tap water production of 7.89 million Cu.M.), increased by 15.26 million Cu.M., or 28.15% due to the raising of raw

production. Moreover, our main customer also lowered their production plan for the Combined Harvester which inline to a decline in sales of our screw flight and also lessen production of tractor in small model

Gross Profit Margin (%) 69.78 69.35 Note: /1 Other costs of goods sold mainly comprise warehouse rentals, utility charges and other expenses related to production. Gross Profit Gross profit for the period

competitive landscape remains challenging. We saw particular weakness in the steel sector as uncertainty led to reduced production and after a record sugar season in 2018 this sector has been behind our

of 2017 9.65 million or increase 137.86% Revenue from Refining services are divided into 2 groups of customer base; - Refining Service for semi-product for use in biodiesel production. In 1st quarter