year, the company had a profit from the sale of investments in subsidiaries in the amount of 246.78 million baht. 3. Distribution cost increased by Baht 0.87 million. 4. Financial cost increased by Baht

2018 despite a 4.4% y-on-y decline in natural gas price in Q4’2019. Note that the natural gas price is tied to the weighted average price from PTT’s pool gas. Cost of Electricity- Vietnam • Cost of

of construction cost based on our actual incurred construction cost of Nam Che 1 Hydro project. Selling, General & Administrative Expense • SG&A increased 37.5% y-on-y in Q2’2019 to Baht 392 million

15.37 598.01 21.96 225.22 16.79 373.42 183.11 Financing cost 13.40 0.49 39.09 2.95 27.07 0.99 53.90 4.02 (25.69) (65.72) Profit before income tax expense 563.95 20.82 164.84 12.42 570.94 20.97 171.32

expense 94.97 21.19 53.07 15.35 105.11 23.10 57.89 16.58 41.90 78.95 Financing cost 2.16 0.48 3.19 0.92 7.55 1.66 6.56 1.88 (1.03) (32.29) Profit before income tax expense 92.81 20.71 49.88 14.42 97.56

& income tax expense (26.12 ) (94.80 ) 68.68 0.72 finance cost 36.12 22.30 13.82 0.62 Profit (loss) before income tax expense (62.24 ) (117.10 ) 54.86 0.47 Tax income (expense) - - - N/A Profit (loss) for

bunch (FFB) in April 2020. As CPO expeditiously increased as mentioned above, the Company could not adjust selling price to keep up with the CPO market price; therefore cost of sales ratio increased from

year. The quantity of Sales was increased 9.8% while the average of selling price was down according to the decline of market steel price. Hereby, the cost of goods sold was Baht 4,989.97 million which

& beverage customers. - Cost of the sales and services of 2016 was 90.79% decreased to 89.83% on 2017 or decreased 0.96% from sales due to can mark-up price to the customers which new price of R/M. - Selling

margin was 7.53%. As a result of increasing in steel price trend from the lowest point at the end of 2019 and the improvement in operation cost. 3. Selling expenses were Baht 39.47 million; decreased Baht