improve power supply capacity and escalate power to grid. Revenue from sale of industrial equipment dropped by 20.40% due to decrease in demand on products. Other revenues comprise of revenue from revenue

. International sales revenue dropped by 6.20 % compared to the last quarter, since the China and Philippines has endured more drastic impact from COVID-19, making the sales deviate from the original plan of the

. Therefore, the gross profit reduce 5.56 million Baht and the gross profit of real estate business decrease 7.48 million Baht due to dropped in sales In the 1st. quarter of 2017, the company have the profit

68.50 million baht. In addition, the Company repaid some loans to the financial institutions, resulting in a decline in long-term loans from financial institutions. Hence, the debt to equity ratio dropped

; Revenue decrease due to World sugar price volatility At the beginning of 2017, world sugar price has climbed up to 20 cent/lb then dropped sharply to 10 – 12 cent/lb now, due to global sugar supply is

primarily by business combination. Excluding TBSP, Company’s core revenues dropped by 7% or THB 68 mil. primarily by lower Office Paper and Warehouse Management businesses as same reason. THB million 3Q18

to 12,526 THB/ton. At the beginning of 2017, world sugar price has climbed up to 20 cent/lb then dropped sharply to 12 – 13 cent/lb now, due to global sugar supply is surplus in 2018 with the

leasing liability of THB 294.40 million also as a result of the IFRS16 adoption. Equity owner of the parent dropped due to recognition of loss in the first quarter. Please be informed accordingly, Yours

million baht. Cash Flow The Company’s net operating cash flow dropped by 24.32 million baht. The net cash flow used for investment activities fell by 4.70 million baht, while the net cash flow from

sales dropped while the gross profit was higher than the previous year by amount of Baht 11.37 million. The gross profit margin for three-month period ended June 30, 2020 was at 12.97% higher than 10.32