-Y due to the effect of a change in FX rate and an increase in the cost of goods sold resulting from high costs of raw materials Copper, Copper Foil and Laminate. However, a recent increase in capacity

sales volumes. The sharp decline in the Finished Goods prices has also led to a decline in Raw material prices and the Company suffered devaluation loss on Finished Goods stock, Raw Material in stock and

3.72 28.95 Administrative Expenses 26.12 17.28 17.22 15.01 2.21 14.72 Financial costs 0.54 0.21 0.43 0.21 0.22 104.76 Total Expenses 185.71 162.73 165.02 154.11 10.91 7.08 Profit before share loss from

) (2.65) 0.21 7.87 Administrative Expenses (3.55) (3.55) (3.04) 0.51 16.68 Total Expenses (36.89) (36.31) (30.19) 6.12 20.28 Profit before share profit from investment in joint venture, financial costs and

7.87 Administrative Expenses (3.55) (3.04) 0.51 16.68 (3.55) (3.04) 0.51 16.68 Total Expenses (36.89) (30.19) 6.70 22.18 (36.31) (30.19) 6.12 20.28 Profit before share profit from investment in joint

) (120.67) (27.57) 22.84 Profit before share loss from investment in joint venture and income tax 21.82 13.33 8.49 63.80 22.21 13.49 8.72 64.65 Share of loss from investment in joint venture (0.86) (4.13

expenses 8.85 24.29 (15.44) (63.56) Operational Profit 77.13 135.50 (58.37) (43.07) Share of profit (loss) of associate (31.02) (54.67) (23.65) (43.25) Net profit 46.11 80.83 (34.72) (40.31) - Operational

. - Farm business saw its income decrease Baht 6.11 million, due to less delivery of raw milk to the customers compared to those of the same periods last year. The decreases were 8.61%. 1.2 Cost of sales and

tax expenses 55.05 29.49 25.56 86.67 Loss Tax expenses (10.59) (5.31) 5.28 99.44 Operational Profit 44.46 24.18 20.28 83.87 Share of profit (loss) of associate 0.16 (14.03) 14.19 101.14 Net profit 44.62

Baht 30,195 million comparing with the year 2017 which was Baht 24,977 million, increased Baht 5,219 million due to the increase in sale volume as well as the increase in raw material price and cash