future of domestic energy drink is getting brighter due to the recovery of energy drink market and change in the Group sales strategy. 2 Gross profits and gross profits margin Gross profits amounted to THB

high profit margin and also from effective marketing policy. (2) Analysis of Operating Results and Profitability (2.1) Revenues from Sales and Services Description Year 2018 Year 2017 Increase

Transport Awards 2017 which was organized by Transport News Intl, the transportation industry’s leading publication in England. The winner award is selected on merit from the judging panel together with the

. The Company received “Best Full-Service Boutique Airline - APAC” from Air Transport Awards 2017 which was organized by Transport News Intl, the transportation industry’s leading publication in England

first half of 2020 is 69.6 percent. (Source: International Air Transportation Association: IATA) For tourism sector in Thailand, a number of international visitors in second quarter of 2020 dropped by 100

COVID-19 environment. Nonetheless, the sales declined -14% QoQ following the seasonality of iPhone14 sales period in Q4. The sales margin increased to 1.8% due to a higher mix of high-margin handsets. SG

6,380.3 -499.7 -7.8 Gross Profit 555.9 772.3 -216.5 -28.0 Gross Profit Margin (%) 8.6 10.8 -2.2 SG&A expenses 455.9 428.5 27.4 6.4 EBIT before share of profit (loss) from investment in associates and joint

170.45 142.90 27.54 Gross profit margin 15.33% 13.51% 1.82% Other income 4.77 3.67 1.09 Selling expenses 2.66 4.73 (2.07) Administrative expenses 80.76 84.95 (4.19) Earnings before interest and tax 91.79

was at 4.6 times increased from 3.6 times at the end of 2019 while the Company considers it is within the appropriate range to appreciate leverage and maintaining acceptable credit rating. Return on

contribution to the good performance of the Company and its subsidiaries. In terms of net profit, the gross margin was maintained at the good level of the metal product segment, especially in the exhaust