increased by Baht 37 million or 2% due to higher electricity and steam sales price, which was in line with the increase in natural gas prices. However, the rise in natural gas prices with constant Ft rate

personal care in March, resulting in overall Q1’20 growth at 0.8% YoY. Overall international business grew 4.8% YoY at constant FX. - Q1’20 Functional drinks market maintained double-digit growth momentum of

Company’s constant operating results. In addi tion, the discontinuation of the manufacturing business of accessories and faucet products and the disposal of the Company’s assets relating to such business

constant for the rest of 2019. Income tax expense has decreased due to the lower net result. Net income was down significantly due to the reduced revenues and increased finance cost. 3.2. Assets, Liabilities

Equity ratio as of August 31, 2018 remained constant at 3.9 times. Return on Equity (ROE) and Return on Asset (ROA) for six month period are 21.6% and 4.3%, respectively. The Company also announces to pay

as of November 30, 2018, remained constant at 3.9 times. Return on Equity (ROE) and Return on Asset (ROA) for nine month period are 21.5% and 4.3%, respectively.

constant. 3.3 Selling expenses and Distribution expense Selling expense and Distribution expense was increased from the year 2018 in an amounting of Baht 8.77 million or 29.18 percent. Mainly came from

the year 2019 in an amounting of Baht (3.87) million or (10.39) percent. Mainly came from growth of revenue in last year while fixed cost still constant. 3.3 Administration expenses The Group's

August 31, 2019 remained constant at 3.7 times slightly decrease from 3.8 times at the end of 2018. Return on Equity (ROE) and Return on Asset (ROA) for six month period are 20.6% and 4.3%, respectively

2018, and planned to expand the scope of its crude palm oil business, which will help boost the revenues and ensure the Company’s constant operating results. 3.2 Calculation of Transaction Size 3.2.1