81.85% of income. The cost per income rate decreased from the quarter 2/2019 which was 89.77% of income. The major reason was the cost of raw materials used in production lower than the quarter 2/2019 and

74.85 million or 9.08 percent, due to the decrease in product sales volume of 4.58 percent and decrease in raw material cost, salary and benefits of the employees, repairs and maintenance expense and gas

2020. It was mainly because the increased short-term loans from packing credit and letter of credit by Baht 186 million for buying raw material for manufacturing. Moreover, there is an increase in

94.95% 90.46% 89.67% Selling Expenses 4.44 3.88 2.51 3.17% 2.62% 2.08% Admin Expenses 10.01 9.52 10.66 7.14% 6.43% 8.82% • Even though in Q1/2020 the cost of raw material is still low closing to Q4/2019

3,663,678 Less : Allowance for doubtful accounts (9,080) (14,884) 3,112,417 3,648,794 Inventory In general, Hana's production is based on clients' orders, consequently, the majority of inventory are raw

downstream facilities/convertors. Presently only few texturizing machines are running in IRSL to consume the existing stock of POY raw material. The loss of production and sales caused by lockdown for almost 2

32.8% from energy favorable prices. Costs were controlled and the total expenses in quarter 3 reported at Baht 333.6 million, a decrease of 25.9% over the same period last year. As a result, the Company

% compared to the previous year, due to a decrease from current liabilities amount of 218.76 million baht due to the decrease in raw material purchases in line Panjawattana Plastic PCL. 28 Moo 2, Tumbol

decrease was derived from engineering service, solar energy, and Trading business. • Overall gross profit margin decreased from 13.3% to 9.1% amount Baht (24.09) million. 2019 2018 Revenue 383.44 443.08

to the global raw material price and the increasing competition in the stainless steel pipes , aluminum and copper. For three months For nine months Consolidated financial statement ended 31st December