Total Asset 19,546 17,813 Total Equity 14,054 11,942  The Company posted net profit for the year 2017 amounted to THB 990 million which in last year was loss by THB 7 million due to; - Increasing of HRC

units. Adjusted net profit grew by 10.3% YoY to THB 228mn. Please find more details of the Company performance in performance analysis 2Q 2017/18. During Royal Cremation Ceremonies for the late King in

quarter, the Company started to recognize revenue from Power Business (Solar Rooftop Projects) at Baht 1.4 million. Gross Profit and Gross Profit from Operation In 1Q2019, Gross Profit was Baht 183.4

manage production of the Company, the Company can generate cash margin by Baht 1,223 per ton for the 3rd quarter in 2017. Management’s Discussion and Analysis (MD&A) For Q3/2017 2 In this quarter, the

10 บมจ.0107537002109 Page 1 of 13 บริษทั ดีมีเตอร ์คอรป์อเรชัน่ จ ำกดั (มหำชน) Demeter Corporation Public Company Limited เลขท่ี 191/43 อำคำรซีทีไอ ทำวเวอร ์ชัน้ 21 ถนนรชัดำภิเษก แขวงคลองเตย เขต

debt settlement. For some debtors were overdue with their term payment, the Company set the net unrealized values at 0.26 million baht. The Company recorded the allowance for doubtful account for only

recorded the allowance for doubtful account for only debtors who were overdue. The Company would consider at each debtor whenever we believe that the said account expected to be uncollectible. Liabilities

the delay. Therefore, the Company considered to record allowance for doubtful accounts with total amount of such unbilled 3 Months 2019 2018 Change 2019 2018 Change 2019 2018 Change Engineering 196 167

, the Company and its subsidiaries recorded allowance for doubtful accounts in amount of THB 34.41 million, slightly increased from THB 33.78 million in 2016. The allowance for doubtful accounts was at

2,093 Unit: million Baht 31 December 2018 31 December 2017 Fin an cia l St at us Total Liabilities 5,607 5,492 Total Asset 18,824 19,546 Total Equity 13,218 14,054  The Company posted net loss for the