utilization rate to available capacity, and eventually a higher cost of goods produced and low margin. To offset a slowdown in orders, the Company reduced costs by obtaining better sources of raw materials

Fixed 1.250 1.250 1.250 1.250 1.250 1.250 12-month Fixed 1.375-1.500 1.500 1.500 1.500 1.500 1.500 Bank of Thailand Policy Rate (%) 1.250 1.500 1.750 1.750 1.750 1.500 Non-Interest Income Non-interest

PAYMENTS  On 1 August 2017, MACO’s Board of Directors approved the interim dividend payment from the Company’s performance as of 1 January 2017 to 30 June 2017 at the rate of THB 0.018 per share (a total of

classify by business segments were follows as:- Revenue by business segments For six-month periods ended June 30, Growing Rate of business segments Million Baht (%) Million Baht (%) 1. Industrial and OEM

2017 compared to Q4 2016: Q4 2017 Q4 2016 YoY change YoY % change Unit: Million Thai Baht (THB) Sales and service income 209.13 181.21 27.92 15% Gain from exchange rate 0.44 0.57 -0.13 -23% Other income

The difference of rates revenue by segment (%) 26.49 (100.00) (74.23) 18.34 (64.38) 17.89 Sales cost variance (million Baht) 95.62 (10.25) (6.19) 79.17 0.00 79.17 The rate of sales cost variance as

(16.38) (15.75) Cost of sales of goods 81.76 78.62 68.69 78.40 (13.07) (15.99) Gross profit 22.23 21.38 18.92 21.60 (3.31) (14.89) Other income 1.32 1.27 1.07 1.22 (0.25) (18.93) Gain on exchange rate

THB 798.52 million and THB 765.46 million respectively or dropping slightly at a rate of 4.14%. With regard to sales by product line, almost product lines experienced declines in sales revenue compared

Ratio Time 0.20 0.17 Asset Management Ratio 3. Collection Period Day 5.44 3.26 11. Return on Assets % 0.91 1.64 4. Inventory Turnover Ratio Day 841.78 426.47 12. Return on Fixed Assets % 10.67 19.17 5

all branches of ELEGA showroom that could not generate the income and profit as aimed in order to decrease the fixed cost and the administrative expenses since the 2nd quarter of 2019. However, the