Australia to EGR Europe as delivery country. Gross profit margin decreased 4% duted to sold OEM project that high gross profit margin decrease, gross profit of Trading products decreased dued to Baht strength

Trading products decreased dued to Baht strength. - 2 - Selling and Administrative Expenses In the three-month period ended 30 June 2017 and 2016, total selling and administrative expenses of the Company

decreased 15.49% dued to sold OEM project that high gross profit margin decrease, gross profit of Trading products decreased dued to Baht strength. Cost of sales and Services In 2017 and 2016, total cost of

private sectors was highly shrank, particularly the investment on machinery and equipment as well as the lockdown measures that has been started since late of the first quarter of 2020 by closing the

still intense competition together with exchange rate fluctuations causing the sales of this product of the company to decrease. However, the company expects that with the strength of sale channel and

sales of this product of the company has continued to grow with the strength of sale channel and product quality. Since 2015, the company has been awarded ISO 13485, the Quality Management System for

order book will pick up. Certain other key segments like chemical and construction also show positive tendencies. The continued strength of the Thai baht is making exports more challenging competitively

compared to the same period last year by gaining from dividend received. The financial structure of the Company was in the strength level and cash flow could be managed effectively, hence, there was no

is the Baht strength. Cost of sales and Services In the three-month period ended 31 March 2018 and 2017, total cost of sales and services of the Company increased from Baht 339 million to Baht 384

/2018 Personnel expenses 6,563 9,111 6,670 (28.0)% (1.6)% Directors’ remuneration 34 53 35 (35.8)% (2.9)% Premises and equipment expenses 2,738 3,029 2,223 (9.6)% 23.2% Taxes and duties 816 853 862 (4.3