5.0% in Q3 2017 to 6.8% in Q3 2018, driven by improved efficiency and increase volume. Selling and administrative expenses were Baht 36 million lower than last year due to cost control and lower

Indonesia, which is in the process of management structure change and relocation of its office in the past year. Both companies have shown improving trends in Q3/2019. However, the subsidiaries overseas were

the recognition of expenses of new investments in Food Industry in January and August 2019. The increase in selling expenses were mainly from rental and utilities expenses amounting to Baht 42 million

income. The cost per income rate increased from the quarter 1/2019 which was 83.88%. 6. Costs from the water management business were categorized into two types. 6.1 Cost from sale and service of water

statements for the first quarter ended March 31, 2020 were prepared in accordance with the Thai Financial Reporting Standard No.9 Financial Instruments (TFRS 9) and Thai Financial Reporting Standard No.16

which was 91.77%. 6. Costs from the water management business were categorized as follow; 6.1 Cost from sale and service of water supply for the quarter 2/2020 was 76.01% of income. The cost per income

profit of 2Q19. However, net profit margin remained at 17% unchanged from previous year despite revenue decrease (given that 2Q19 not included non-recurring items). Most of cost and expenses were

customers. The subsidiaries overseas were also affected by the strengthening of Thai Baht, which resulted in a decline in total value when converting their operating results from local currencies to Thai Baht

recorded the financial cost of Baht 17 million for the second quarter of 2020 which were the interest expenses from the lease liabilities due to the adoption of TFRS16, effective for periods beginning on or

28% 0.36 0.26 0.10 38% Note: The new financial reporting standards were reflected in company’s result of 2020 2 / 5 • Due to COVID 19, revenue increased 3% from rice business and dividend received for