level as previous quarter. This is a result of the increase in short-term portion. 4 Net Profit For the first half of 2018, consolidated operating income was reported at 2,259 million baht, showing an

5,585 million baht or 7% from 80,771 million baht as of February 28, 2018. The main assets were attributed to the portfolio of net account receivables which shared 91% of total assets. - Accounts

482mn mainly due to the aforementioned consolidation which was the main driver in increasing the cost-to-sales ratio from 57.8% to 64.5% in this quarter. VGM’s cost structure is higher than MACO’s

total value of THB 1,211.7mn. The debenture of THB 711.7mn will become mature on 20 June 2020 and the short term BE of THB 500.0mn will become mature in July 2020. The Company has already prepared cash

since 12 March until now due to the severity of virus transmission. In addition, Mitigation plan implemented with full set of initiatives to minimize the short term impact on our profitability and

million in the same period of the previous year, which decreased by 0.3 percent. The decrease in sales (despite the higher sales volume) was due to the lower average prices in main products like copper

debenture on February 2018 in the amount of Baht 699.90 million and short-term loans from individuals and other businesses with the outstanding balance as of 31 December 2018 Baht 283.18 million. For income

Expenses For the three-month period ended 31 March 2019, the Company’s selling and administrative expenses decreased by Baht 11 million or 14% from the same period in 2018. The main reason is from the

percent per year respectively, including the short-term loans from individuals and other businesses with the outstanding balance as of 31 March 2019 Baht 263.99 million with the interest rate between 5.5

% to 15.0%. Gross profit Margin increased from the reduced cost of service and in previous year, the law was a changing the law regarding to the provision of long-term employee benefits from the 300 days