by 6.92 million baht or 1.99 % due to the appreciation of the Thai baht and the intense competition. Domestic sale increased by 12.02 million baht or 4.91 % due to market expansion in lingerie products

: Baht millions) For the year ended 31 st March Consolidated financial statement Apr 2018 - Mar 2019 Apr 2017 - Mar 2018 Change % Change Revenue from sales & service 3,293.90 3,376.19 -82.29 -2.4% Other

= Translation = Management Discussion and Analysis for Interim Business Operations The Information of Share Capital Registration and Entire Business Transfer The Company registered the change of

Exchange of Thailand CAZ (Thailand) Public Company Limited (“the Company”) and its Subsidiary (“the Group”) would like to clarify the change in operating result for the second quarter ended 30 September 2019

OPERATION (Unit : Million Baht) Consolidated Financial Statements 2019 2018 % Change Total Revenue 1,857.2 1,708.3 8.7% - Utilities Business 1,847.1 1,705.1 8.3% - Operating Revenue1 1,734.3 1,679.7 3.3

Baht) Q3/2017 Q3/2016 Change Revenue 186 227 (41) Gross profit margin 62 89 (27) Selling Expenses 17 28 (11) Administrative Expenses 18 19 (1) Finance cost 5 5 - Net profit 19 28 (9) In overall, the

period of the year 2016. The net profit (loss) was Baht 5.57 million, The amount of money decreased (28.14) million or decreased (504.98), mainly due to the following reasons: 1. Revenues from sales and

. Thana in the said amount. 10. Loss from exchange rate was Baht 7.96 million which increased by Baht 6.95 million or 87.24% compared to the same period of the previous year due to the fluctuation of the

increase of 1,700 million baht in gross profit. 3. In 2017, the Company recorded gain on change in shareholders’ equity of an associate in an amount of 1,135 million baht. It came from the issuance of 7,545

Baht 60.8 Million that 19.6% increased from Q2/2018 or by Baht 10.0 Million due to price raising of fattening pig. Page 2/…… - 2 - Gross Profit Margin Gross Profit Margin (GPM) in Quarter 2/2019 was Baht