products that offer well-perceived quality at reasonable prices. We believed that the notable Carabao brand is well imprinted among targeted customers and the positive feedback in term of sales of both the

increase of Baht 367 million, or 1.57 percent in net interest income derived from rising interest income and effective funding cost management. Meanwhile, operating expenses rose Baht 487 million, or 3.07

(FIDF). Net interest margin (NIM) therefore stood at 3.49 percent. Meanwhile, other operating expenses decreased by Baht 3,695 million or 17.45 percent, over- quarter. As a result, our cost to income

sales compared to the same period of 2018 which has cost of sales 767.27 million baht or 88.70% of sales due to proper product management and effective resulting in reduced cost of sales. - Selling and

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

advancing digital age. For operating income in 2017, most commercial banks could maintain net interest margin (NIM) due to overall effective cost management despite the deteriorating quality of loans granted

share equaled to 0.12 baht. 4 ASIA’S BOUTIQUE AIRLINE Notable Events Airline Business 1. The Company has revised flight frequencies due to passenger seasonal demand and has increased flight frequencies

proper product management and effective resulting in reduced cost of sales. Yours Sincerely, Mr. Perapol Suwannapasri Managing Director

with the same period in 2016 decreased from THB 88.79 million to 78.12 million or decreased THB 10.67 million or 12.01% because of effective cost management. Net profit of Company’s operation Net profit

from the last year because of inventory management and effective manufacturing cost control. 3. Gross profit margin was 3.56% of Revenue from sale and service, increased from last year that gross profit