recognized from the business of installing solar panels around the signal towers. Which is a new business 1.6 Other income of 3.27 million baht, a decrease of 64.21 million baht or 95.16 percent due to the

development of products to meet with customers’ expectations. However, under the current situation, and without a clear signal from the Government with regards to the easing of the restriction period, the

, reflected from the Bank of Thailand (BOT) signal in considering the possibility of increasing the policy rate, as well as rising financial market rates. However, the Bank in-house research still expects that

current account due to rising oil price from geopolitical risk especially in the Middle East and 4) Normalizing of interest rates, reflected from the Bank of Thailand (BOT) signal in considering the

, comprising banks, securities companies and asset management companies, could obtain CAC certifications, it will certainly be a strong signal that anti-corruption practices are very important issue to be

(6)% Fibers 59 46 55 8% 201 208 (3)% Feedstock 114 117 78 47% 410 177 132% Core EBIT 155 139 136 14% 551 374 47% Core Net Profit after Tax and NCI (US$ M) 110 95 84 31% 360 206 75% Core Net Profit

% Revenue from service incomes 0.49 0.42% 0.51 0.44% 0.02 3.86% Revenue from rental incomes 0.70 0.60% 0.63 0.54% (0.07) -10.66% Total revenues 116.70 100.00% 115.48 100.00% (1.22) -1.05% Gross Profit

DCON PRODUCTS PUBLIC Co.,Ltd. and Subsidiaries Company Management’s Discussion and Analysis (MD&A) For the Year 2019 1. Revenue,Gross Profit & Net Profit Unit :M.Bht Year 2019 Year 2018 Year 2017 1

profit margin was slightly brought down by 0.9% of gross profit margin due to turnaround costs and the rise of main raw material prices from tight supply plus greater crude oil prices. 2. In Q2 2018

memorable. 3.2 Business trends of the Company Thailand’s economic has a clear recovery signal in 2017 and was expected to grow continuously in 2018. Reflecting to Thai’s Gross Domestic Product (GDP) where the