to levels last seen in 2015/16 as reflected in third quarter earnings. This has been achieved despite being negatively impacted by the cost increase from secondary raw material IPA by about $10 per ton

, diversified and steady cash flows, growing with a combined EBITDA of 18% YoY and 44% LTM 2Q19. The Integrated Oxides & Derivatives segment was negatively impacted by the extended shutdown into 2Q19 following

resumed as normal but rental and services income is still impacted by lower traffic from customer. 2. Cost of goods sold and gross profit Q2/20 and H1/20 gross profits margin ratio from Sales represented

. Assets increased primarily from impact of the adoption of new financial reporting standards, the acquisition of a new subsidiary and the depreciation of the Thai Baht that affected the value of Company’s

and Rules related to Business Operations2 Significant regulations and rules that may have affected KBank’s and K Companies’ business operations included:  Rules for Foreign Exchange Control The Bank of

new WLTP (Worldwide Harmonised Light Vehicle Test Procedure) that became mandatory from the start of September 2018, which affected mostly car sales in Europe. However, sales in THB terms were

rate decelerated in accordance with the global economic growth which was affected by the trade war between the United States and China, together with the appreciation of the Thai Baht as one of the

year affected to end user to delay their purchasing order from the retail store and therefore the distributor delayed ordering for their stock as well, together with the delivery plan were delayed to Q3

countries. The tourism sector has been adversely affected by a contraction of Chinese tourists’ arrivals while private investment has been expanding at a slower rate. Although private consumption has

previous year. This was due to revenue from sales was increased slightly and a decrease in unit price. In addition, the increase in cost of sales was affected to decrease in gross profit. (4) Selling