Mn respectively with profit margin increasing from 2.7% to 4.9% and this was an increase of THB 59.5 Mn or 121.0%. The main reasons for the increase were (1) higher revenue from sales and service (2

sales of investment in subsidiary. For the reasons stated above, the Company's profit in 2018 is higher as compared to the prior year. Sincerely Yours, (Mr. Kuan Chiet) Vice President – Finance

year 2018, the consolidated net loss of the Company and its subsidiary was Baht 11.75 million, reduced by Baht 45.71 million from last year. The main reasons were as follows:- 1. The consolidated sales

in the previous year. The Company would like to clarify the reasons for the change in profits for 2018 compared to the previous year, as follows: 1. Revenue In 2018, the Company had total revenues, as

reasons; 1. The total sales has decreased Baht 2,060.1 million, due to sales volume of MDF Board and Particleboard have decreased by 15% and 12% respectively. The average price of MDF Board and

5,356.66MB in year 2017. The main reasons for the substantial difference are as follows:  Costs of goods sold decreased by 5% to 4,579.01MB in year 2018 from 4,806.81MB in year 2017. This is because the

interests voting in the meeting, had consciously considered and unanimously approved the management to sign on the Technical Cooperation Agreement Hwa Fong Rubber Industry Co., Ltd. For the reasons mentioned

75.9% compared to last year which were net loss of Baht 319.4 million. The operating results changed over 20%, main variances due to the following reasons: 1. Revenue from sales and services decrease

Baht 971 million and earnings per share of Baht 0.49 a decrease of 10% when compared to the previous year. The Company would like to clarify the reasons for the change in profits for 2019 compared to the

of Baht 5.76 million, a decrease of Baht 36 million from net loss of the previous year. The main reasons for the substantial difference are as follows: Renewable energy business The Company reached