price that decreased due to the global economic slowdown as a result of trade protection measures between China and the United States. - The company has cost of sales of 616.03 million baht or 84.14% of

volume to EGAT together with higher natural gas price. But when comparing the cost of natural gas between Q2/2018 and Q2/2017, the increase in natural gas cost is due to the full operation of both phases

11.55 42.76 Finance cost 5.19 7.06 -1.87 -26.49 92.91 185.52 -92.61 -49.92 Loss Before Income Tax -31.28 -20.29 -10.99 -54.13 Income tax expense -0.09 -0.05 -0.04 -80.00 Total loss for the period -31.37

35.94%. The Company has determined the cost of by-products according to the market selling prices since 2nd quarter of 2019 to March, 2020 the market selling price was decreased to lower than cost of by

fluctuates according to the raw material price during the changing period. ▪ In 2021, Refined Glycerine cost of sales ratio was decreased from 2020 to 6.97%. The company realized an increase in profit since

by Baht 98.6 million mainly from cost of Natural Gas Power Plant from decrease in fuel material cost because of the decline in average natural gas price. In addition, cost of repair and maintenance of

the cost of construction, show equipment, theme park design and decoration, service fee for specialist and interest expense, while the remaining THB 548 million accounts for land acquisition and

235.13 275.19% Income tax expense (3.64) (13.23) 263.46% Profit for the period 59.03 221.90 275.91% 2017 2018 %YoYIncome Statement (in million Baht) -2- Cost of Sales Cost of sales in 2018 was in the

% (26.89) (16.48%) Other Income 0.93 0.06% 1.55 0.08% (0.62) (39.95%) SG&A (26.79) (1.84%) (28.99) (1.57%) (2.20) (7.58%) Financial cost & Tax Expense 0.25 0.02% (3.46) (0.19%) (3.70) (107.12%) Net Profit

decrease in average natural gas price, thus sales also decrease in line with the fuel material cost of natural gas. In addition, sales of municipal solid waste power plants also decreased as the result of