or 17.2% due the drastic decline in Ethylene and Glycerin price from ample supply plus lower crude oil price. 2. In Q3 2019, Selling and Administrative Expenses was 361 MTHB, increased by 42 MTHB or

baht bonds to (i) obtain an issue rating not lower than investment grade* from an international credit rating agency established under foreign law, (ii) appoint the bondholder representative, and (iii

affected company's results of operations include (i) coal price and gas price that continued to drop further from previous quarter resulting in lower costs of sales and (ii) COVID-19 pandemic. Based on our

sales volumes plus greater main raw material costs from higher crude oil price and tight market supply. However, the overall spread margin was improved and bring 23.9% gross profit margin comparing to

: Performance Overview In 2018, the domestic economic have signed to expand from the tourism sector improvement, Private consumption and private investment also improved, This was the company achieved expansion

the number of audiences and gain more advertising revenue, which was in line with the improved TV rating ranking from 2018. Moreover, the revenue from organizing events increased by 55%.  Cost and

Million Baht (250%) from Q3/2016. The main cause for the higher net profit is from improved costs and expenses Discussion and Analysis of the Company and its subsidiaries Operational Results in Q3/2017 and

businesses of FVC. This is expected to generate income and profit to the Company, then, makes the Company gain much more improved financial position and operating performance that leads to value-added

follows: Performance Overview In 2017, the domestic economic have signed to expand from the tourism sector improvement, Private consumption and private investment also improved, This was the company

core businesses of FVC. This is expected to generate income and profit to the Company, then, makes the Company gain much more improved financial position and operating performance that leads to value