, showing a decrease of Baht 7.15 million or 6.59% from 2018. The decreasing amount was because of loss in impairment of the subsidiary’s assets in 2018, At the present, the investment in the said subsidiary

profit in Q4/2020 and 2020 were THB 127 million and THB 468 million, respectively, decreased by 30% from Q4/2019 and 39% from 2019, corresponding to the decrease in sales. • Gross profit margin in Q4/2020

reduce the production costs of the Company’s energy drinks in bottle formats. 2 Gross profits and gross profits margin Gross profits were THB 5,810 million, increased by THB 1,202 million or 26.1

increase from 33.0% gross profit margin in the corresponding period last year, mainly due to the improving margins for the branded products by the Company’s production. Branded products by the Company’s

. Table 1 : Sales Revenue by Product Line for the Three Months period ended 30 June (3M YoY) Sales by geography Consolidated financial statements Change Increase/(Decrease) For Three Months Period Ended 30

5,192 Group Gross Profit (Loss) (178) (75) Group Net Profit (Loss) (247) (223) HRC Sales (k tons) 316 260 HRC Production Volume (k tons) 290 306 HRC Average Selling Price (Bht/Ton) 14,922 19,938 Unit

percent as a result of sales decrease in Singapore , China and the UK. Although, the Company incurred the increased selling and administration expenses a main reason was the increase of the rents of the

the old production line to the new one in Q1/2018; plus higher expenses incurred from normal operation including 5) sales decrease; 6) higher cost per unit as a result of lower utilization rate; 7

clarify operating performance of the Company three-month for the Quarter 2/2019 ended 30 June 2019 as the following: change Q2/2019 Q2/2018 increase (decrease) Sales 172.5 240.8 -28.4% Other income 17.8 0.6

increasing production efficiency. Costs and Expenses of Sale and Administration Transaction For the Year ended 31st December (Unit: Million Baht) Year Increase (Decrease) 2017 2016 Amount % Costs from Sale