changed from December 31, 2018 as follows; The Statements of Financial Position (Unit: Million Baht) Consolidated Financial Statement Dec 31, 2019 Dec 31, 2018 YoY Current Assets 1,625.47 700.84 869.01

Financial Statement March 31, 2019 Dec 31, 2018 YoY Current Assets 770.35 1,622.26 (851.91) (52.51%) Non-current Assets 2,401.73 2,410.40 (8.66) (0.36%) Total Assets 3,172.08 4,032.66 (860.58) (21.34

year ended 2019 amounted 258.7 million Baht compared same period last year amounted 266.7 million Baht, decreased in amount of 8.0 million Baht or 3.0%. Service income has decreased due to the current

replace the current regime whereby each license represents a bundle of business undertakings, which proves to be costly to licensees. The revision would allow more flexibility and support future types of

baht, or 5.37% comparing to the same period last year due to the growth of automobile’s and motorcycle’s production. 2. Increase in raw materials costs around 78.08 million baht, or 10.65% comparing to

Prachinburi province in January 2017 are also available. Chemicals were purchased for use as raw materials and distribution division include 1. Zircon Sands sold to industrial ceramics and metal foundry 2

the same period last year due to the growth of automobile’s and motorcycle’s production, as well as the higher export amount. 2. Increase in raw material costs around 102.71 million baht or 20.18

of raw materials is down. As a result, gross margins widened to 20.9% in 2017 from 14.8% in 2016. Production overhead in 2017 increased by 17.31 million baht or 15.7% from 2016 due to the cost of

GPM of Baht 63.7 million that 5.1% increased from Q1/2018 or by Baht 3.1 million mainly due to effectiveness in raw material and production cost management. - QSR business recorded its GPM of Baht 20.0

from sale. The direction of raw material is improving 3. Selling and administrative expenses was increased by 17.6 million Baht or 3.4 % from the supporting in marketing activity in all business unit. In