sales in a greater proportion than the reduction in costs of sales, which includes fixed expenses. In addition, there was an adjustment in packaging costs in some quarters as a result of more sales from

and maintenance services. The Company booked a net marginal gains from divestment, as equity gain/loss from White Group performance were recorded on a quarterly basis. Osotspa Public Company Limited

increasing 6.0% QoQ from full-quarter recognition of TTTBB’s cost and higher utility cost from higher FT rate. • Other costs of service was at Bt2,594mn, increasing 4.3% YoY from higher IDD cost in-line with

million or 29% of total revenues. Selling and administrative expenses decreased by THB 30.74 million, financial costs decreased by THB 19.37 million and share of profit from associates and joint ventures

for the company 888 1,052 899 (15%) 1% 2,453 2,873 17% Gross profit margin* (%) 28% 28% 24% (4%) (4%) 24% 27% 3% Net profit margin (%) 21% 16% 13% (3%) (8%) 16% 15% (1%) * Exclude costs of depreciation

period attribute to equity holders of the Company (3.5) (52.9) 93% (81.9) 96% For the six-month ended 30 June 2017 NPP Consolidated PL Unit : Million Baht Quarter 2 Year 2017 Quarter 2 Year 2016 Change

123.15% due to in the same period of the previous year, the subsidiary recognized the borrowing costs for the plant construction as a cost of construction in respect of Property, Plant and Equipment

. In 2018, the Company’ s net loss was THB 143.62 million amounting to the net loss margin of 2.28 percent. The main reason that the Company had additional costs in 2018 was that the Company set aside a

sales during the first 6-month period of 2020. Cost of Sales and Gross Profit For the 6-month period ending on 30 June of 2019 – 2020, the Company’s costs of sales were THB 2,270.98 million and THB

by 5% every 5 years since May 2012), costs related to the launch of 35 digital billboards and full year consolidation of Co-Mass by MACO. Cost-to-sales ratio, however, decreased to 36.4% from 41.8