tax of palm oil. Lastly, there were some fatty alcohols producers declared Force Majeure. From these factors, demand for natural fatty alcohols has improved from previous year. Due to the aforementioned

related fees for the representative office set-up in Malaysia and Indonesia; 3 and a higher CIT of Baht 17.5million resulting from higher Earning before Tax. Yours sincerely, Mr. Anant Kittivittayakul

%) (1.3 %) Gross Margin 431.5 29.5 % 481.0 31.5 % (10.3 %) Selling Expenses (297.0) (20.3 %) (204.5) (13.4 %) 45.2 % Administrative Expenses (101.9) (7.0 %) (61.5) (4.0 %) 65.8 % Net Profit before Tax 35.4

Road Accident Victims Protection Company Limited. 3. Increase of income tax benefits from last year in the amount of 10.13 million baht. Kindly be informed accordingly. Yours sincerely Wichai

) Cost of services - 2.33 (2.33) (100.00) Administrative expenses 36.45 27.17 9.28 34.14 Finance cost 6.72 6.94 (0.22) (3.12) Total Expenses 91.06 124.07 (33.01) (26.60) Loss before income tax expenses

the second half. 3. Decrease of income tax benefit from previous year by 10.32 million baht due to the timing difference of taxable income or expenses. Kindly be informed accordingly. Yours Sincerely

) -20.0% (89.76) -21.2% 12.83 14.3% Administrative expenses (40.91) -8.0% (30.83) -7.3% 10.08 32.7% Finance cost (0.01) 0.0% (0.01) 0.0% (0.01) -47.6% Profit before income tax 100.45 19.6% 56.49 13.3% 43.95

%) (4.6 %) Gross Margin 432.7 30.5 % 371.3 26.5 % 16.5 % Distribution Costs (212.5) (15.0 %) (236.8) (16.9 %) (10.3 %) Administrative Expenses (120.5) (8.5 %) (101.9) (7.3 %) 18.3 % Profit before Income Tax

12,115.69 11,970.40 145.29 1.21% Profit before finance cost and income tax expenses 8,009.04 7,322.19 686.85 9.38% Finance cost 405.46 400.05 5.41 1.35% Income tax expenses 1,426.98 1,309.51 117.47 8.97

subsidiary recorded net profit of 3,635 MTHB, increased by 576 MTHB or 18.8% comparing to year 2018, which due to the recognition of deferred tax assets from loss carried forward of the Company and its