% q-on-q declining gas price (despite a 1.0% y-on-y increase) and 3) new industrial-user (IUs) clients. EBITDA margin also improved to new-high level of 28.3%, thanks to contributions from Vietnam solar

and Y-o-Y due to the effect of a change in foreign currency exchange rate and an increase in the cost of goods sold. The higher cost of goods sold was due to a decrease in production capacity

20.7% increased Q-o-Q from 18.9% but decreased Y-o-Y. In principle, the cost of production is influenced by factors such as the capacity utilization rate, product mix, a change in LME copper price and

, KCE temporarily closed down one of its PCB factories (KCE International), reduced our headcount, and reduced working hours to two weeks per month to be in line with a decrease in production capacity

173.84 in 2020. The main reason of the increase is a result from a dramatically increased of freight charge. Profit (loss) from operating activities In 2020, the profit (loss) from operating activities of

-year. Significant cost of sales consisted of cost of goods, imported freight, packaging cost and other import related expenses. Cost of sales is accounted for approximately 36.82 % of sales revenue with

the first runway and the second runway D) Apron Taxiway for passengers and cargo transportation E) Air Freight and Logistics Center F) Public utilities prepared by contractual party G) Ground services 2

machinery, equipment and related expenses to increase the production capacity of the flexible packaging products another Baht 40 million. This is to increase the proportion of high gross margin products. In

capital increase is to expand the capacity of flexible packaging products, to repay the loans and used as working capital. Details are shown in Capital Increase Report Form (F 53-4) (Attachment 1). 4

crude oil prices we expect to see improved performance in the laggards of 2Q20. • Liquidity in the company remains high with cash and cash equivalents of US$0.8B and unutilized credit lines of US$ 2.0B