December 2018. The major increase item is raw material which is result from the strategic buy of raw material under the abnormal market situation in last year. Unit : Million Baht 31 Mar 2019 31 Dec 2018

2 percent compared to the first quarter of the previous year, mainly from a decrease in personnel expenses which are related to a decrease in the Company’s brokerage fees revenue. 2.2 Fee and service

% which mainly increased from the revenue from services. The total cost was reported at THB 161.4 million, increased by THB 22.7 million or 16.4%. As a result, the gross profit margin for this quarter was

Administration expense 34.78 34.78 Net Profit -19.15 13.84 Gross Profit Margin (%) 12.30 12.30 Net Profit Margin (%) -9.29 6.71 • Due to PPA report which we received in Q 4/2018, company had recorded profit from

Expenses 426.8 398.4 7.1 Total cost of goods sold reported at Baht 257.2 million, decreased by 1.2% which was in line with volume of sales. Selling expenses reported at Baht 73.1 million, decreased by 8.9

expenses represented at THB 8 mil. (1.2%), 31.8% decremental primary by lower logistic expenses which came from more effective management in logistic & distribution. Net Profit Statements of Financial

the Q1/2019, the company and its subsidiaries have the total revenue from sales in amount of Baht 2,365.6 million which is increasing from the 2018 at equivalence of Baht 64.4 million, about 3%. These

total expenses of 820.69 Million Baht or 117.16 Million Baht increased from year 2018 which has total expense of 703.53 Million Baht or 16.65 percent by following reasons:  Cost of sales is 424.00

Million, increased by Baht 3.2 Million or 0.4% from the same period of the previous year of which Baht 719.6 Million was revenue from sales. The Company had successfully recorded a sales growth of Baht 28.6

2nd Quarter 2019 • Total cost of goods sold decreased by 20.8% which was in line with the decrement of sales value. However, unit cost of product was slightly increased due to the increment of energy