taxation 233,778 (45,408) 615% 11,621 61,038 -81% Margin 27% -7% 4% 13% Profit / (Loss) for the period 191,233 (113,896) 268% (12,024) 31,706 -138% Margin 22% -17% -4% 7% Portion of the Companies

margins for each business segment are shown below: Net Profit Margin (to Total Revenue) 2019 2018 Manufacturing and Selling of Special Cutting Tools Segment 5.29% 27.37% Importing and Selling of Cutting

: Higher biomass cost. As a result, the gross profit margin dropped in the consolidate income statement from 21% to 16% in 2017. World sugar price volatility At the beginning of 2017, world sugar price has

represent net profit margin 26.7%. The Company’s the 6-months end of 2018 net profit was 236.0 million Baht, which was higher than the same period last year 19.2%. The Company’s 6-month end net profit margin

2,528.2 Gross margin, % 27.84% 25.84% 30.99% SG & A 471.4 466.2 484.6 Operating Profit* 527.1 409.9 +28.6% 616.0 -14.4% Net Profit per F/S 558.0 516.7 +8.0% 672.3 -17.0% 15.31% 15.02% 18.35% [Remark

the same period of the previous year. The decrease was a result of the extra revenue from additional construction work of Xayaburi project recognized in Q2 2016. However, the gross profit margin for the

26.54 1,073,287 695,372 377,915 54.35 Net profit 1,389 34,805 (33,416) (96.01) 172,306 85,440 86,866 101.67 Gross profit margin (%) 37.99 33.69 4.30 12.76 32.30 35.14 (2.84) (8.08) Net profit margin

incurred the increased selling and administration expenses as aforesaid mentioned. In consideration of the net profit from operations in 1Q18, the Company's net profit margin to total revenue was 4.5% which

Margin (%) 2.33 2.40 2.50 Current Ratio (Times) 1.34 1.43 1.43 Debt to Equity Ratio (Times) 2.16 1.79 1.82 Book Value per Share (Baht) 2.16 2.22 2.34 Net Profit per Share (Baht) 0.46 0.45 0.12 Interim

Net Profit Margin (%) 2.17 2.34 2.15 Current Ratio (Times) 1.33 1.34 1.36 Debt to Equity Ratio (Times) 2.27 2.16 2.09 Book Value per Share (Baht) 2.11 2.16 2.09 Net Profit per Share (Baht) 0.40 0.46