attributable to consistent orders from present customer and new customer. 1. Cost of sales and gross profit The Company’s cost of sales in year 2018 amounted to Baht 256.50 million, rising year-on-year by Baht

, which is a result of the ability to deliver more work to more customers and recognize revenue according to the success of project and rising oil and labor costs resulted in a decrease in gross profit

year due to the rising of crude oil price that increased around 21.48% comparing to the same period last year, as well as the production slowdown of several steel mills and smelting works in China

year. Most raw material prices increased following the rising of crude oil price that increased around 41.03% comparing to the same period last year, as well as the production slowdown of several steel

economy that led to; 1. Increase in Company’s revenue around 282.66 million baht or 5.30% comparing to last year due to the growth of automobile’s and motorcycle’s production. 2. Increase in raw material

74000 111 Moo 2 Tambon Thachin,Amphur Muangsamutsakhon,Samutsakhon 74000,Thailand. - 2 - The Company’s cost of sales in Q1/2018 amounted to Baht 77.95 million, rising year-on-year by Baht 35.11 million or

18.90% increased, while sale revenue only increase by 11.06% results in less profit margin compare to the year 2017 at 24.25 million baht, due to the unstable of production cost of new production line

2016 Pe rfo rm an ce Group Revenues 3,292 2,897 Group Sales Volume (k tons) 182 187 Group EBITDA 213 109 Group Net Profit (Loss) 65 (30) HR C HRC Sales (k tons) 182 187 HRC Production Volume (k tons) 190

result from the company increased its flexible packaging production line since Q2/2017, in Q1/2017 the revenue from flexible packaging had not yet recognized. For other income, the company had other income

Business Group recorded an average production rate of 66.80 KBD (56% utilization rate), which declined, coinciding with the 2018 planned turnaround maintenance TAM (period between 30th April – 13th June