date the product reaches its destination result in gross loss margin. The cessation of the fruit export business resulted in the proportion of revenue from the distribution business decreasing by more

to the decreasing in the selling weight and the overall selling price as well. Eventually, there were the impacts to the lower gross profit in the current quarter as well. For nine months ended 31st

for the 2 nd quarter of 2017 was Baht 1,021.65 million, decreasing by Baht 119.36 million or 10.5 percent from Baht 1,141.01 million in the 2 nd quarter of 2016. The decrease was from the recognition of

Management Discussion and Analysis 2017 P a g e | 2 Business Segment Performance In 2017, total revenue was THB 5,570 million, decreasing by 2.7 % from last year. Total revenue and EBITDA breakdown is as

foreign exchange, deferred income tax and lease income for Q1/2019 were Baht 2,915 million, decreasing by Baht 13,223 million comparing to Q1/2018. However, in case of excluding the gain on disposal of

mainly due to decreasing of account receivable of THB 579 million as a result of ME and FA Sales volume declined from end of last year and Natural FA price declined; a decreasing of inventory of THB 1,253

the previous year, mainly due to the sharp lower of purchasing power in most industries, as well as the strong competition in the stainless steel pipe, aluminum and copper. This caused the decreasing in

Baht 60 million, loss decreasing from Q4/2018 that recognized net loss Baht 143 million. Greater performance resulted from efficient process improvement as well as selling and administrative expense

/2020 was Baht 2,445 million, decreasing by Baht 149 million compared to Q2/2019, which came from a decrease in power generation business of Baht 153 million and an increase in other business of Baht 4

income from the decreasing number of tourists but expenses cannot be reduced in proportion to the reduction in income. This is because the regular expenses of the company are fixed expenses such as animal