% from the 1st quarter of 2018 to 2017. The refining service’s volumes also share the Company’s overhead costs, which help to maintain production cost as low as possible. which the company is still

primarily in the steel and construction segments. Combined with the ultra-weak sugar season that ended early in April, the burnt sales volumes were under significant pressure resulting an 8% lower sales

% 2.2 Accounting & Finance Outsourcing 19.18 3.7% 23.03 3.8% Total revenue from financial solutions 118.12 22.6% 103.80 16.9% 3. Other income1 8.12 1.6% 15.01 2.4% Total revenues 523.23 100.0% 613.86

past several years. Also, the change in accounting standards, which effective in 2020, affects the scheme of provision allowance for non-performing loans of financial institutions. However, it is

%. Nevertheless, in order to satisfy the Accounting Standards and maximize tax efficiency, the synthetic convertible loan structure consists of (1) grant of a loan at the amount of USD 50 million or equivalent to

results are in line with explanation of the operating results for the six-month period. However, there were few accounting items that occurred only during the three-month period such as; Selling expense

25% yoy, respectively. The substantial increase in 9M’18 was mainly from the accounting expense stemming from the revised down of social security income of 4Q’17 for amount of THB 10.7 million. Without

the adoption of the financial reporting standards regarding Financial tools for accounting, hedging and derivative accounting with the amount of 4.62 million baht and allowance for loss of trade and

tax and changes in accounting policy of associates which resulted in a decrease in the shareholders’ equity by Baht 109 million. In addition, the Company paid an interim dividend of Baht 1,393 million

million decrease in accounting and audit fees, and (4) no unrealized loss on foreign exchange relating to equipment deposit. Finance cost In Quarter 1 of 2020, finance cost amounted to THB 1.04 million, a