impact from TFRS 15 accounting standard, resulting in lower recognition of share of profit by THB 92.3 mm. However, this is merely accounting impact, not related to cashflow from operation. • Financial

which increased from 94.50% in year 2017, and the gross margin decreased from 5.50% in 2017 to 4.74% in 2018. The decreased of gross profit margin was mainly due to differences in product mix and the

gross profit margin was also mainly impacted by the Baht appreciation as compared to previous year. 3. Selling and Administrative Expenses For the first quarter ended 31 March 2018, the Company’s SG&A

controlling of selling and administrative expenses. 4. Financial cost decreased by 1.1 million Baht or 14.0 %, from lower interest cost and management in source of fund. 5. Share of profit from investment in

Profit (loss) for the period 92.65 24.73 3.61 (92.54) 1. The Loss of impairment on investment in the separate financial statement by cost method Baht 93.50 million, which increased 100 % compare with the

bargain purchase at the amount of 33.64 million baht in Q4/2018 but the actual acquisition transaction was completed in Q2/2018, so we adjust the financial statement of 2018 by recording such profit in Q1

1 Ref: CK-18-0000-AFD(AC)-L-0039 August 14, 2018 Subject: Clarification on Operating Result and Financial Position for the six-month ended June 30, 2018 Attention: President The Stock Exchange of

Thailand. Demco Public Company Limited would like to inform you herewith the company result for the year 2019 according to the company’s consolidated financial statements for the year ended December 31, 2019

Public Company Limited (“the Company”) would like to report on Management Discussion and Analysis from the Separate and Consolidated Financial Statements of the year ended December 31, 2018. The details

management based on the Company's financial statements for the 12 months ended December 31, 2017 The Separate Financial Statements year 2017 has net profit 4.54 million baht or 0.63% of income from services