amounted to THB 39.88 million, representing gross profit margin of 73.78%, a THB 0.40 million or 1.00% increase from the same period of the previous year (Quarter 3 of 2018: THB 39.48 million) mainly due to

2019 in order to enhance corporate efficiency and growth resulting in favourable operating results by achieving 12% gross profit margin in Q1-2020. UWC determined to continuously improve its strategic

40% of paid-up capital, share of loss amounting of 0.60 Million Baht 6. Gross profit margin for the 3 months ended 30 June 2020 was 7.08% decreased from 10.33% of last year gross profit margin, while

26.31 -89% Tax (Note) 15.82 7.87 101% 26.45 28.77 -8% Net profit 58.29 37.61 55% 255.91 154.94 65% % Net profit margin 16% 12% 4% 18% 13% 5% Non-controlling interest 2.35 1.76 33% 24.67 0.30 8261% Net

181 -10.3% 43.8% Adjusted net profit3 157 227 240 5.9% 53.3% Gross profit margin 57.2% 60.4% 60.6% EBITDA margin 32.1% 45.4% 38.0% Adjusted EBITDA margin 35.4% 46.1% 44.2% Net profit margin 16.3% 20.6

% Gross profit margin* (%) 20% 27% 29% 2% 9% Net profit margin (%) 14% 16% 18% 2% 4% Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q1/2018 Management Discussion & Analysis The

profit rate reduced from the seaweed costs and productivity The fourth-quarter gross margin was 482.6 million baht or calculated as 31.6% of revenue from sales. The gross profit margin increased by 0.3

and joint ventures 60 110 144 31% 140% 235 365 55% Net profit for the company 724 815 888 9% 23% 2,281 2,453 8% Gross profit margin* (%) 20% 23% 28% 5% 8% 21% 24% 2% Net profit margin (%) 14% 15% 20% 5

64 75 17% (45%) 332 139 (58%) Shares of profit of associates and joint ventures 110 152 155 2% 41% 221 306 38% Net profit for the company 815 922 1,052 14% 29% 1,565 1,974 26% Gross profit margin

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