year by 15.1% which having gross profit margin at 46.5% and net profit for the nine-month period ended 30 September 2019 in amount of Baht 181.71 million, increased from the same period of last year by

Company Limited and its subsidiaries had the operation results for the nine-month period ended September 30, 2019 with the following details: unit: THB million 2019 2018 Change (THB million) Change

% comparing with Q3/16. This is because of the higher cost of raw material in th the cost of goods sold is increased by 53.96 million baht (10.16%) which affect to our gross margin to down by 36.6 million baht

Management Discussion and Analysis Q3/2019 Financial Result Summary Q3/ 2019 Q3/19 Q3/18 Change +/(-) 9M/19 9M/18 Change +/(-) (in THB mm) YoY 9M Revenue from Sales and Services 57.4 54.3 6% 146.9

decided to renew the contracts with the projects that have appropriate gross profit margin only. Financial performance of management service for the nine-month period (Unit : Million Baht) 2017 2016 Change

financial statement as follows: Quarter 1 / year 2016 Quarter 1 / year 2017 Change Million Baht % Million Baht % Million Baht % Sales revenue - net 132.07 90.28% 108.37 92.86% -23.70 -17.95 % Revenue from

2016 Quarter 2 / year 2017 Change Million Baht % Million Baht % Million Baht % Sales revenue - net 237.96 92.26% 211.42 94.46% (26.53) -11.15 % Revenue from contract works 17.26 6.69% 9.82 4.39% (7.44

recorded from the change in the Company’s ownership interest from 28.49% to 20.56% as a consequence of newly issued ordinary shares of Pimai Salt Company Limited. * Note Please find further information in

and its subsidiaries had the operation results for the year ended December 31, 2017 with the following details: unit: THB million 2017 2016 Change (THB mill.) Change (%) Revenue from Sales and Service

margin in 2017 was 30%, which is considered high compared to other competitors, although it is lower than the previous year. The decrease was due to the impact of a change in foreign currency exchange