of the company, such as gain on exchange rate, interest income, bad debt and bad debt recovery. In the first quarter of 2019, the group had other income decreased by Baht 2 million or 18% in the same

followings; Total Revenue Decrease in total revenue in the 2nd quarter year 2019 due to average selling price decreased from 13,540 THB/ton to 12,657 THB/ton or decreased by 7%. Moreover sugar sales volume

activities of the company, such as gain on exchange rate, interest income, bad debt and bad debt recovery. In the Second quarter of 2019, the group had other income increased by Baht 11 million or 28% in the

same period of the previous year by 4.91 million Baht and 11.47 million Baht respectively, due to the lower sales from the high competition in foreign markets and decreasing purchase orders of our

33.77 million mainly due to the reversal of provision for doubtful debt THB 4.71 million after collection made in quarter 1. Profit and net profit margin Profit for the six-month period ended June 30

million Baht and 12.42 million Baht respectively, due to the lower sales from the high competition in foreign markets and decreasing purchase orders of our customers as the world and Thai economic

of service 367.11 670.40 (303.29) (45.24) Total cost of sales (2) 369.84 671.65 (301.81) (44.94) Other income (3) 7.96 5.88 2.08 35.37 Administrative expenses 54.27 63.93 (9.66) (15.11) Bad debt and

expense was decreased because of the reduction of allowance of doubtful debt since the company had strictly control of debt collection. Financial Position Total Asset As of March 31, 2020, the company has

2017 was due to the low efficiency in asset utilization. At present, PCCA’s production capacity for cosmetic products accounts for approximately 40 percent of the total production capacity. Moreover

the existence of the debt that Tangerine Properties Co., Ltd., a POLAR subsidiary, owes to Simba Co., Ltd. Earlier, the SEC ordered POLAR to conduct a special audit on such debt and requested the