quarter, the company has controlled the selling and administrative expenses for more efficiency. However, the Company and its subsidiaries have set aside provision for additional employee benefits at the

– Jun’19, C-Vitt sales continued to grow and maintained market share at 22.5% further improved 558 bps YoY. This maintenance helped increasing the production efficiency and expand capacity, leading to at

of MACO. Cost-to-sales ratio, however, decreased from 41.6% to 39.0% primarily due to sales growth outpaced cost growth, improved operational efficiency and cost management especially in the Outdoor

efficiency. As a result, in the second quarter of 2018, has orders in many large projects, such as the Improved treatment system of 300 cubic meters per day project (from delivery 2 times), water system

Return on equity (%) – trailing 53.0 50.2 53.0 50.2 Return on assets (%) – trailing 16.8 17.9 16.8 17.9 Efficiency Ratios Number of days of inventory 38 40 38 38 Collection period (days) 44 45 44 53

which can meet the needs of the customers as efficiency. As a result, in the 3rd quarter of 2018, has orders in large projects, such as the Improved treatment system of 300 cubic meters per day project

packaging items, as well as improving efficiency from modern production technology ranging from glass bottle, aluminum can to bottling and canning plants which enabled the economies of scales. Management

continues to be the main revenue driver of the Company. We strategically expanded our overseas hotel portfolio as well as restructured our overseas hospitality assets to improve efficiency in the prior year

our energy and resources in accelerating our plans to increase export branded sales and to improve internal work process for greater efficiency with the goal to create stability and sustainability in

and efficiency. In addition, the Company and its subsidiaries have recognized the share of loss of non- controlling interests of the subsidiaries in the amount of 1.77 million baht, a decrease of 11.95