. Expected benefits to the Company from the asset disposal 7.1 This asset disposal could reduce the debt of the Company, enabling the Company for partial debt repayment to the debenture creditor and enable to

period ending 31 March 2018 could be divided in to two key components as follows: 1. Variable cost component which shall be varied in accordance with the volume sold consist of (1) raw materials and

margin was higher as the company could be Revenues Gross Profit Selling Admin Net profit 3Q/17 185,920 62,255 17,599 18,053 19,079 3Q/18 249,407 89,092 21,509 18,502 32,736 Change 63,487 26,837 3,910 449

Industry Co., Ltd. Baht 550.00 million Baht 502.90 million 7. Expected benefits to the Company from the asset disposal 7.1 This asset disposal could reduce the debt of the Company, enabling the Company for

value Land and Buildings of Rich Asia Industry Co., Ltd. Baht 550.00 million Baht 502.90 million 7. Expected benefits to the Company from the asset disposal 7.1 This asset disposal could reduce the debt

for the 3rd quarter of Year 2018 and 2019 were 19.9% and 15.5%, respectively. This assumed that the Company could handle more effective at controlling employee’s remuneration, traveling expenses, and

bunch (FFB) in April 2020. As CPO expeditiously increased as mentioned above, the Company could not adjust selling price to keep up with the CPO market price; therefore cost of sales ratio increased from

the cost of services could not be reduced promptly. Selling Expenses, Administrative Expenses and Other Expenses The Group has selling expenses, administrative expenses and other expenses for this

assumed that the Company could handle more effective at controlling employee’s remuneration, traveling expenses, and infrastructure expenses. Financing Costs The financing costs of financial institutions

Grant of License from Oracle For the first 3 months of 2020, revenue from subscription fee from Oracle has increased slightly by 0.20 THB mn or 2. 42% from the first 3 months of 2019 as ICE could maintain