costs, written off withholding tax, travelling expenses and depreciation expenses. Sales volume (Ton) - Euro 2,146 1,190 -44.55% - United States dollar 4,646 2,432 -47.65% - Thailand baht 8,389 9,136 8.90

258.25 million respectively, equivalent to a 37.37% decrease. Cost of goods sold to sales revenue ratio slightly increased from 33.00% to 35.42% because of the depreciation costs increased 23.84% and

depreciation and amortization expenses Financial Performance Project UpdatesExecutive Summary Change QoQ YoY +/(-) Operating revenue 5,553 5,366 5,459 2% (2%) 11,037 10,825 (2%) Gross profit 1,251 1,098 1,256 14

declining in sales of packaging for milk and yogurt and plastic automotive parts whereas depreciation was higher from machine acquisition and plant and equipment improvement. 3. The consolidated net profit

last year at 17.14% due to the declining in sales whereas depreciation was higher from machine acquisition and plant and equipment improvement expenditure. 3. The consolidated net profit margin was 1.3

to THB 2.29 million in Q3/2016). 2. Total operating costs (including depreciation and amortization) in Q3/2017 was THB 89.82 million, a decreased from THB 90.81 million in Q3/2016 The financial

consolidated gross profit margin was 14.65%, decreased from last year at 16.93% due to the declining in sales whereas depreciation was higher from machine acquisition and plant and equipment improvement

impact of BOI. EBITDA was 4% lower than 2016, however Q4 showed significant improvement versus same period last year. Moreover, net income has increased 4% as there was lower depreciation for the year

maintenance for machinery and equipment after 10 years of operation and depreciation of machinery. The average capacity utilization rate in 2017 is 65.42%, close to 2016, at 65.79%. This is lower than the plan

VAT limitation. As a result, the depreciation of such assets amounted to Baht 12.85 million. - Financial expenses decreased from Baht 18.07 million in the year of 2017 to Baht 9.47 million in the year