company had lower cost of goods sold from its zinc production in 2017 compared to higher cost of goods sold from imported zinc in 2018.  Selling and Administrative expenses decreased by 24% to 400.45 MB in

from 1,163.00MB in 3Q 2017 and costs of goods sold increased by 4% to 3,499.33MB in 9M 2018 from 3,358.10MB in 9M 2017. This is because the company had lower cost of goods sold from its zinc production

million baht lower than the nine-month period for 2018 by 9.4 percent. The reason for the Company’s incurred a lower net loss are the Company is able to manage higher gross margin and a reduction of

current period is from Thai Wah PLC. (the Company started to take equity from January 2017) together with a lower loss from Lijiang Banyan Tree Hotel Co. Ltd.. Finance cost decreased by Baht 2 million as

fast as usual resulting in lower revenue and gross profit. Company group’s quarterly income derived from sales, ended on 31 March 2020, is 27.85 million baht, caused by the subsidiary, Grace Water Mate

which themselves had lower revenue from epidemic situation of COVID-19. In addition, the company received lower initial membership fee income due to fewer new franchise branches opened when compared to

franchise of 55 branches and closed some poor performance branches. Therefore there are currently 19 branches owned by the company causing lower significant revenues than the same period at the previous year

decrease in Gross Profit Margin was from appreciation of Baht against other currencies causing lower revenue and gross profit although the company raised sales volume. For the three-month period ended 31

% 3 / 5 Other incomes The company had other incomes in 2018 lower than those in 2017 approximately Baht (3.60) million. It was since that the company had gain on exchange in year 2 0 1 7 from importing

&D to improve its capability of receiving new wastes. This also help the company to lower its waste treatment cost. The progress of Map Ta Put project (RDF) is now approximately 70 percent, it is