% 1,783 2,401 34.7% EBITDA 347 524 50.9% 1,357 1,691 24.6% Adjusted EBITDA1 350 535 52.7% 1,238 1,779 43.6% EBIT 252 413 63.9% 1,010 1,258 24.5% Interest expenses 10 17 64.9% 32 88 176.1% Tax 39 66 70.8

had total expenses and impairment loss of 4,325 million Baht (350% of total revenues); increased by 235% as compared to the year of 1,291 million Baht. This comprised of: (1) selling expenses of 454

100 million) for tax assessment (including penalties and surcharges) for the year 2001-2006 for the total amount of Baht 557 million, After included the above expenses, Net profit in this quarter amount

% Gross Profit 62.67 133.21 (70.54) (52.95%) 211.17 202.24 8.93 4.42% Other Income 27.41 (8.43) 35.84 425.13% 61.59 13.65 47.94 351.29% Selling & Administrative Expenses 53.37 53.61 (0.24) (0.44%) 104.32

was 1.05%, decreased from the same period of last year at net profit 1.92%, mainly caused by reduction in gross profit margin while selling and administrative expenses in proportional to sale decrease

administrative expenses slightly improved. Panjawattana Plastic PCL. 28 Moo 2, Tumbol Chaimongkol, Amphur Muang, Samutsakhon 74000 Registration No. 0107554000208 Tel. (66) 02-150-5988, (66) 0-3483-9130-1 Fax. (66

Increase (Decrease) Million baht Million baht Million baht % Total revenue 388.06 819.95 (431.89) (52.67) Cost of sales and services 390.44 656.76 (266.32) (40.55) Sales and Administration Expenses and

last year. Caused by the sale of long outstanding products. The company must bring the product (Rework) to get the product ready to sell. 3. The increase in selling and administrative expenses was 37.65

drop to 19.1%, compare to 24.5% in the same quarter of last year and 19.9% in last quarter. Selling and administrative expenses (including research and development – R&D) in Q3’19 went up 5.7% from Q3’18

new product as mentioned earlier. The ratio of selling and administrative expenses to total sales was stable. Panjawattana Plastic PCL. 28 Moo 2, Tumbol Chaimongkol, Amphur Muang, Samutsakhon 74000