that happened in the 2nd quarter of 2020, the Company had the production cost increasing from the improvement of work in process products to be the finished goods in order to be able to sell efficiently

and Trading Business Group recorded an average production rate of 109.35 KBD, a level adjacent to plan, Market GRM improved from the previous quarter, while Total GRM declined, primarily due to the

of this products of the company to decrease. However, the company has increased online distribution channels as a choice for new generation customers. It is expected that the domestic market will

including other market. For instance, the Hong Kong market has expand the sales distribution, the Indonesia market has placed their product through the modern trade channel including the CLMV countries

manufacture and distribution of High Density Polyethylene (HDPE) pipe and related certain fittings, Low Density Polyethylene (LDPE) pipe, Polypropylene (PP) pipe, Polybutylene (PB) pipe, Weholite Spiro pipe

income 25.33 31.38 -6.05 -19.3% Total revenue 3,319.23 3,407.57 -88.34 -2.6% Cost of goods sold & service 2,882.47 2,893.97 -11.50 -0.4% Selling & distribution expenses 67.77 66.05 1.72 2.6% Administrative

4.31% 219.98 225.90 (5.92) (2.62%) Raw Water Distribution by Customer Group (Internal usage for tap water production is included) Jan – Dec 2017 = 256.13 million Cu.M. Jan – Dec 2018 = 249.75 million

Company’s major export counties.  Export CMG sales decreased by c.50% YoY, since there was some customer ending the distribution contract with some retailer which resulted in reduced sales volume since Q4

reducing production cost and also negotiating with customers to review and adjust selling price every quarter. 2.2. Distribution costs for 2018 was in the amount of 4.95 million baht, increased by 1.16

approve the Company’s Financial Statements for the year 2018 ended 31 December 2018. 2. It is appropriate to propose to the AGM to approve the abstention from the distribution of dividends from the