May 2019. The Company still has fixed cost for the period of shutdown while doesn’t have sale revenue including cost per ton still high for production period which resulted from depreciation and the

there are sold waste form production. 1.3 In Q2-2017, The Selling expenses increase amount of 11 Million Baht from the same period equivalent 16%. As The company expand international market. and

gross profit was 11.21 million Baht which had a gross profit margin of 28-69Yo, decreasing from the period of previous year which had a gross profit margin of 29.OOo/o. This decrease was mainly from

production, reached 54% of total sales in Q3 2017. Costs of goods sold increased by 30% to 1,162.99MB in Q3 2017 from 892.84MB in Q3 2016 due to higher raw material costs from imported metals which reduced

decreased 15.49% dued to sold OEM project that high gross profit margin decrease, gross profit of Trading products decreased dued to Baht strength. Cost of sales and Services In 2017 and 2016, total cost of

. • However, gross profit margin in Q2/2019 decreased by 2.6% from Q2/2018 and in 1H/2019 by 2.5% from 1H/2018. • The decrease in gross profit margin was mainly from the higher take-home and OEM product sales

quarter 1/2017 by Baht 34.98 million or 244.79%. which increase from operate potable water production system for Wellgrow Industrial Estate and design & construction of wastewater treatment system for TFD2

from dumping price by competitors 2) decrease in warehouse management solutions 3) even through less proportion on incremental in business forms and digital printing including revenue from packaging

10% from those of 31 December 2017. The major increase item is raw material which is aimed to promptly support the expected higher production volume in second quarter. Investments in associated

Analysis | 2 Executive Summary In 3Q2018, domestic palm oil production has increased as in other countries, in addition, stock of Crude Palm Oil (CPO) both in Thailand and International market has remained