subsidiaries. The Company's net profit margin to total revenue increased from 4.7 percent last year to 5.2 percent this year. Net Profit 12 Months 2018 12 Months 2017 Variation THB % Net Profit pursuant to the

sales revenue and lower depreciation expense. Operating Profit Analysis The Operating profit margin increased by 1 percentage point to 11% in 2017 from 10% in 2016. SG&A expenses increased by 4% [THB 52

significantly and result in the decrease in gross profit margin of revenue from domestic sales i.e. gross profit of domestic sales was amounted to THB 505 million decreased by THB 90 million or 15.1

income, income earned from one-off events, etc. (2) Percentage margin is calculated by dividing Gross profit from sales by Revenue from sales (3) Percentage margin is calculated by dividing Gross profit

7.7% 4,299 8.0% 556 12.9% Total revenue 63,405 100.0% 53,493 100.0% 9,912 18.5% Cost of sales of goods 38,713 61.1% 33,212 62.1% 5,501 16.6% Gross profit from sales(2) 14,273 26.9% 13,959 29.6% 314 2.2

profit was THB 281.52 million or 40.16% of the total revenue from operations, which increased by THB 1.07 million (YoY 0.38%) compared to the second quarter of 2019 which gross profit was THB 280.45

the year 2023, is as follows: Revenue from sales and services amounted to THB 3,747.82 million increased by 4.50% Gross Profit amounted to THB 340.67 million increased by 8.28% Net Profit amounted to

record for revenue and net profit during the past several years. (2) Analysis of Operating Results and Profitability (2.1) Revenues from Sales and Services Description Year 2019 Year 2018 Increase

) 4.00 Impact of adoption in new financial reporting standards on Consolidated financial statements’ Net Profit (Loss) in the 1st quarter of 2020 1st Quarter 2020 (in thousand Baht) Total Revenue 643,662

& ANALYSIS CONSOLIDATED P&L SNAPSHOT THB (mn) 3Q 2016/17 2Q 2017/18 3Q 2017/18 QoQ (%) YoY (%) (Restated) Operating revenue 772 978 978 0.0% 26.8% Cost of sales 330 387 385 -0.5% 16.7% Gross profit 442 591 593