termination of a contract with high revenue in mid-2017. Notwithstanding the lost, the impact on the gross margin is not significant as this contract has low margin. Cost and Gross margin Cost of sales and

revenue but low margin in mid-2017. T.662 636 6999 F.662 646 4200

. Revenues from Financial Solutions decreased by THB 4.77 million or 5.87% to THB 76.56 million (2017: THB 81.33 million) due to loss of accounting services contracts with high revenue but low margin in mid

% from the 1st quarter of 2018 to 2017. The refining service’s volumes also share the Company’s overhead costs, which help to maintain production cost as low as possible. which the company is still

with the previous year, it could not compensate for the lower rate of gross profit resulting from the higher sales mix of low gross margin products in HomePro business. 3. Cost of rental and service was

. However, the effective cost control helped decrease SG&A expenses, thus overall performance has improved. Bio-based product business The Biodiesel business performance improved from the same period of the

profit of the large- scale project was very low because it was selling only hardware and the price competition is very high in the - 2 - project auction. As the result, the cost of sales and services was

profit of the large- scale project was very low because it was selling only hardware and the price competition is very high in the - 2 - project auction. As the result, the cost of sales and services was

. Also, the Company’s main revenues were originally from low-maintenance battery sales. However, during the past year, there were increased demands in maintenance-free batteries in the market. That caused

considering the balance of three dimensions – economy, society and environment – under good corporate governance, appropriate risk management and effective cost management. Along with this, we have prioritized