short-term investments decreased. As the growth rate of total revenue was lower than the growth rate of total expenses, then the Net profit attributable to Equity holders of the Company in Q2/2018 and of

business gross margin represent 60.3 percent lower than the same period last year. Administrative Expenses The Company had administrative expenses for the 3rd quarter of 2019 equal to 104.3 million baht

to 0 . 2 5 million baht, a decrease of 0 . 1 7 million baht or 6 8 percent from the same period of last year. The contract expires, resulting in lower interest expenses. Income tax expense for the

&D to improve its capability of receiving new wastes. This also help the company to lower its waste treatment cost. The progress of Map Ta Put project (RDF) is now approximately 70 percent, it is

consolidated financial statement for the second quarter in 2018 showed a net profit of 44.5 million Baht lower than the second quarter in 2017 at 103.6 million Baht or 69.9 percent decline. Thus, the performance

ratio 42.8% 39.9% 45.8% 2.9% (3.0)% 41.4% 43.3% (1.9)% Return on average assets * 1.16% 1.17% 1.07% (0.01)% 0.09% 1.17% 1.10% 0.07% Return on average equity * 9.16% 9.05% 8.38% 0.11% 0.78% 9.12% 8.61

lower gross margin was also affected by the disposal of the subsidiaries* as this group of companies used to generate high gross margin (but also high selling and admin expenses). Moreover, the

competition in the market became less intense because of higher demand and sales volume of agrochemicals. Cost of sales increased at a lower rate of increase than that of the sales volume resulting in the

2017. The increased mainly came from loss on disposals of fixed assets in the amount of 1.35 million baht. While other administrative expenses such as depreciation expenses of 2nd Factory is lower in

third quarter of 2018 equal to 2,995.3 million baht lower than the same period for last year at 74.7 million baht or an decreased ratio at 2.4 percent. The reason of an increasing are as following; 1. In