in Q3/2020 was 62.6% decreased by 2.1% from Q3/2019 and 60.6% in 9M/2020 decreased by 4.4% from 9M/2019. • The decrease in gross profit margin was mainly due to the reduction in total revenue from

THB 23.55 million, which represent a decrease of THB 5.17 million or 18.00 per cent, compared to the same quarter in 2017. The main reason are as follows; The Consolidated Financial Statement for the

million baht, respectively, due to the decrease in fair value of investment in equity securities which is in line with the decrease of the SET Index and the reduction of service fee income received from

September 2017 was Baht 235.69 million whereas Baht 356.85 million in the same period of last year showing a decrease of Baht 121.16 million or representing 33.95 % decrease. Those were the reduction of

or 10.77 % decrease. The significant decrease was a reduction of account payables of Baht 51.34 million representing 72.70 % decrease due to utilizing some capital increase amount for paying to account

million in the same period of 2017 representing a decrease of Baht 103.60 million or 62.77 % decrease. The reduction of income was the construction one of Baht 89.39 million or 60.98 % decrease and the

No. AC 070/2562 KHON KAEN SUGAR INDUSTRY PUBLIC CO., LTD 503 K.S.L. TOWER, 9th FLOOR, SRIAYUDHYA ROAD, RAJATHEVI, BANGKOK 10400 16 September 2019 SUBJECT EXPLANATION FOR THE DECREASE IN NET PROFIT

performance of the Group Unit: Million Baht Q3’ 2019 Q3’ 2018 Increase (decrease) Variance (%) Total revenues 1,701 1,875 (174) (9%) Net profit 112 137 (25) (18%) The Group’s total revenues for the third

a reduction of Baht 2.84 million or 6.40 % decrease. In this current year, there were only 2 ongoing projects expected to be completed within this current year and no new awarded one. Service Income

decrease is the came from better management to compact the organization structure and continuous focus on reduction of expense of the company. 5. Management benefit expenses For Quarter2 of the year 2019