increased overall average operating rate of 86%. Higher freight rates positively impacted sales price in our respective domestic markets. This translated into an overall Fibers Core EBITDA growth of 23% QoQ

% in 2Q19 compared to 12.9% in the same period in the previous year. Selling expense, such as freight costs and sales commissions, decreased compared to 2Q18 in line with lower sales. Administrative

the same period the previous year. Selling expense, such as freight costs and sales commissions, decreased in line with lower sales. Administrative expense decreased mainly because of an adjustment of

administrative expense amounted to Bt322.1 million in 2Q20, or 15.13% of sales, a decrease from Bt415.5 million in the same period last year. Selling expense, such as freight costs and sales commissions, decreased

173.84 in 2020. The main reason of the increase is a result from a dramatically increased of freight charge. Profit (loss) from operating activities In 2020, the profit (loss) from operating activities of

-year. Significant cost of sales consisted of cost of goods, imported freight, packaging cost and other import related expenses. Cost of sales is accounted for approximately 36.82 % of sales revenue with

in the process. Major projects in progress such as the Project of the development for train tracking system and cargo management of the State Railway of Thailand, the GDCC Service Expansion (VM

Laboratory and Research Center (“AMARC”), a subsidiary, recorded a 21.02% growth of service revenues totaling Baht 197.75 million over same period of 2018. Costs and Expenses  The Company reported 2019

as expenses from setting Corporate shops / consolidation in the Flexiglass’ expense (the new acquisition in that recently acquire in the beginning of 2018) / Research and development cost in new

million and research fee decreased by Baht 31.51 million. However, underwriting income-debt increased by Baht 14.08 million and selling agent fee increased by Baht 8.3 million. 3. The Consolidated and the