table. Gross profit margin of land and houses in the first quarter 2019 and 2018 were 28.77% and 33.05% respectively, decreased 0.04 %. In first quarter 2019, Gross profit increases 0.75 % arising from

, while gross profit margin was 8.50%, compared to 7.99% in the first nine months of 2018. 2 Other income For the first nine monhts of 2019, the Company and its subsidiaries had other income of Baht

profit margin (%) 53.94 49.86 Unit : Million Baht Performance 4 | Padaeng Industry Public Company Limited and its subsidiaries Metals trading business The Company reached net profit from discontinued

. No significant change in cost of sales and service of Quarter 4 compared to Quarter 3 in 2019. Gross Profit and Gross Profit Margin Gross Profit THB Mn THB Mn THB Mn THB Mn THB Mn % THB Mn THB Mn THB

- (354) 354 (100.0) - (1,089) 1,089 (100.0) Total comprehensive income for the year 84,318 88,483 (4,165) (4.7) 111,074 101,918 9,156 9.0 Gross profit margin 23.6% 24.3% (0.7%) 23.6% 22.5% 1.0% Selling

the increase of net profit margin better than ever. Financial Position: Consolidated Financial Statements 1. Total Assets Unit: Million Baht Statement of Financial Position 31-Dec-2019 31-Dec-2018

21.66 12.88% EBIT 74.01 160.8 -53.97% Net Profit 63.05 130.46 -51.67% Basic Earnings per Share (Baht) 0.32 0.65 -50.77% Thus, the gross profit margin was at 11.70%. After deducted the financial cost and

remaining projects’ gross profit margin still meet the Company’s expectation. Other Revenues is Baht 14.70 million, consists of incomes from the sales of construction waste in the amount of Baht 4.24 million

increase resulted from the booking of depreciation cost linked to The Studio Park project. All in all, the gross profit amounted to 104.76 million baht, translating to a gross profit margin of 23.36%. SG&A

2016. Gross Profit and Gross Profit Margin Gross Profit THB Mn THB Mn THB Mn % Biomass Power Plants 243.7 185.7 58.0 31.2 Natural Gas Power Plant 139.1 141.5 (2.4) (1.7) Municipal Solid Waste Power Plant