previous year because of its capability of better management of service costs. The net profit (loss) for the year 2019 reduced from the previous year is resulted from: 1. In the year 2019, the Company sold
decline in the price of copper used in the production process helped reduce the cost of goods sold, despite an annual adjustment in selling price. Administrative and Selling Expenses Selling, general, and
price which cause a sharply decreased in selling price since the end of March 2020. Moreover, volume sold decreased 32.19% from the same period of last year, mainly decreased in LPG sold to transportation
31.49 Notes: /1 Other income comprises mainly of interest income and services revenue Cost of Goods Sold Cost of goods sold for the nine months ended 30 September 2019 and 2020 stood at THB 180.38 million
Baht (in the first quarter of 2019) and depreciation expense during the period amounting of 45.34 Million Baht. Moreover, the Group has reclassified land that will be sold for the property development
company assets. - Volume criteria : In accordance with the value of the consideration relative to the value of ICC’s net tangible asset with resulting highest value at 0.23%. 4. Details of the disposed
IPO and the offering to the Company’s shareholders). Calculation Bases 1. Net Asset value = Net asset value of CAZ proportionally disposed of1 / Net asset value of the Company2 = Baht 90.65 million
36.64%. (Calculated from the number of shares in respect of the IPO and the offering to the Company’s shareholders). Calculation Bases 1. Net Asset value = Net asset value of CAZ proportionally disposed