primarily due to: • Revenue from sales and cost of goods sold The total sales volumes and total production volumes were lower than last year mainly due to the termination of tolling agreement with G Steel

in brokerage fee, fee and service income and other revenue on lower market trading volume and fluctuated market condition, Krungthai ZMICO was able to strategically control cost and improve operational

sales has decreased of Baht 809.1 million, due to sales volume of Particleboard has decreased 21%. The average price of MDF Board and Particleboard have decreased 11% and 8% respectively. 2. Cost of sales

of the Company’s rental and services income compared to last year are as follows: (million baht) The year of 2019 The year of 2018 Rental and Hotel service Income 4,610.20 3,468.22 Cost 3,172.77

development project of Thai Bonnet Trading Zone Co., Ltd. 2. Cost of sales of property development business decreased by Baht 100. 48 million from the transfer of ownership. With such costs. It is the cost of

has changed slightly, Particleboard has increased by 19%. 2. Cost of sales Baht 2,392.5 million, increased of Baht 425.5 million. Because the increasing cost of raw material in manufacturing. Financial

801 106 13% Cost of sales and services -789 -621 168 27% -682 -608 74 12% Gross Profit 248 235 13 5% 225 193 32 16% Other Income 5 0 5 1,701% 14 7 7 117% Selling expense -81 -70 11 16% -71 -61 10 17

- Doubtful debts from the void contract (320) - (320) Finance cost 6 4 2 Net profit (293) 31 (324) In overall, the Company and its subsidiaries have a net loss in Q2/2017 of 293 MB by decreasing 324 MB or

from sales, rental and service 1,074.78 521.68 553.10 106.02 Cost of sales, rental and services 979.18 295.94 683.24 130.87 Gross Profit 95.60 225.74 (130.14) 57.65 Other Income 849.75 656.03 193.72

812.92 114.52 14.1% 1,737.91 1,557.90 180.01 11.6% Other income 8.03 7.16 0.87 12.2% 14.42 14.18 0.24 1.7% Total revenue 935.47 820.08 115.39 14.1% 1,752.33 1,572.08 180.25 11.5% Cost of goods sold