driven by the continued growth in construction industry and further renovation/expansion of retail stores and new Shopping complexes despite revenue recognition delays from some turnkey projects to next

termination of a contract with high revenue in mid-2017. Notwithstanding the lost, the impact on the gross margin is not significant as this contract has low margin. Cost and Gross margin Cost of sales and

from Baht 475.1 million in 2Q2019 due to a decrease of Other Utilities Revenue by 95.7% YoY and Operating Revenue of Utilities business by 7.9% YoY despite an increase of Solar rooftop project revenue by

6.28% with costs of sales and services of ฿ 542.68 million, a ฿ 61.63 million or 10.20% decrease. Despite decreasing of income from sales and services, costs of sales and services have also decreased by

following the market price trend since 2017. Additionally, the increase of electricity cost was also added to higher cost of sales of this year. In spite of rise of main raw material prices and decline in

petrol station at 4,953 stations on March 31, 2020, in spite of the lower transportation during the spread of COVID- 19 outbreak. Additionally, the Government has continually stimulated biodiesel usage

Q4 2017 reached 1,841.58MB, an increase of 31% from 1,408.07MB in Q4 2016. This mainly resulted from a 31% increase in USD zinc price despite a 7% appreciation of Thai Baht against USD. The USD zinc

business increased 40.7%, as a result of increases in pulp sales volume, despite a decrease in average bagasse pulp selling price.  Revenue from ethanol business slightly increased 1.2%, as a result of

-2017, despite an additional contribution from the newly acquired business in accounting outsourcing since July 2018. Compared to quarter 3 2017, the recognition of license income from Enterprise Resource

million Baht, up by 74% from a year earlier was a result of the gross profit plus other income increased by 0.4 million Baht or grew by 0.2%, despite total sales had decreased by 19% due to the improved