premises and equipment expenses and other expenses, which mainly from expenses for developing working systems and improving efficiency of business operations, and marketing expenses. In the first half of

increase sale. Aside from this, MK also focused on improving the work efficiency of its employees which, in turn, provided good services to customers. As a result, MK incurred expenses on training, retain

packaging items, as well as improving efficiency from modern production technology ranging from glass bottle, aluminum can to bottling and canning plants which enabled the economies of scales. Management

raw material and packaging items, as well as improving efficiency from modern production technology ranging from glass bottle, aluminum can to bottling and canning plants which enabled the economies of

million from 2016, which had net profit of Baht 1,123 million. Net profit in terms of percentage of total sales in 2017 was 10.6%, increased from 8.2% in 2016, mainly due to cost efficiency and improving on

to the invested in Research & Development center in India and new factory in India and Thailand. Moreover, we will keep on investing in machinery and equipment for improving the capacity and efficiency

in machinery and equipment for improving the production capacity and efficiency aiming for a production automation in Thailand under the scheme of “Delta Smart Manufacturing”. Total Liabilities As of

10.59% QoQ resulting from improving in production capability, efficiency and fuel management. • Cost to revenue from sale of industrial equipment ratio in Q1-2020 decreased by 13.56% QoQ resulting from

both year-on-year and quarter-on-quarter basis as a result of lower costs of key raw material and packaging items, as well as improving efficiency from modern production technology ranging from glass

base and 3) ABP5 improving efficiency after gas turbine upgrade. Net profit • In Q1’2020 net profit was affected by two major non- cash expenses; 1) THB 886 million unrealized FX loss which was from the