this quarter, the ratios were not substantially changed yoy. Trade receivable and Trade payable period were decreased while inventory period was slightly increased. For the financial risk perspective

Selling expenses of Q2’2018 was Baht 415 million, slightly increased by Baht 4 million or 0.9% or Baht 4 million from Q2’2017, mainly from beverage’s brand investment for summer promotion partly offset by

percent. An increasing of total revenues was described by the following reasons: 1. Sales for the second quarter of 2018 were 2,378.9 million baht or a slightly increase of 0.3 percent as compare to the

1H17 represented at 26%. Excluding TBSP of 19% GP, Company’s core %GP maintained at 25%, slightly dropped by 1%, primarily due to lower Security Sales volumes in 1Q18 when compared with the same period

. The revenue of waste treatment has slightly changed while the revenue of real estate business has decreased. The company profits from sales of land held for future development. The company and its

profit margin of 35.65%, increase by 0.84% The decrease in sales and slightly increased in gross profit margin in 1 and 2 makes a decrease of 525.60 million baht in gross profit. 3. In the first nine

also recognized share of profit from associates and joint ventures in the amount of THB 18.05 million, slightly down by THB 3.37 million compared to the same period of last year. Total selling and

had a total revenue of 42.90 million Baht. This increasing was attributed to higher domestic sales. Moreover, the Company generated higher export volume, but the Company recognized increased slightly

% +12% Management Discussion & Analysis YE 2019 • Net profit in Q4/2019 was THB 50 million which increased slightly by THB 1 million or 2% from Q4/2018 due to the increase in operating revenue, which

compared to the previous year, resulting from the decrease of customers’ purchase orders. 3. The Company obtained receiving dividend of 28 million Baht, slightly increasing from the previous year, which was