robust Fit Fast Firm project (OSP’s cost saving program), which continued to drive further margin improvement through product formulation optimization, lower key raw material prices, higher supply chain

employee expenses on growing business, depreciation on building improvement and equipment of the subsidiaries and the provision for doubtful accounts of the Company. Finance cost In 2Q17, the Group has the

Group has the administrative expense of Baht 277 million, which is increased by Baht 104 million or 60% compared to those of prior year. It resulted from the increase in the employee expenses on growing

% from the same period last year. This was because the loan provisions expense in subsidiary and employee remuneration from business expansion. Net Profit The Company’s net profit from consolidated

million baht due to the expansion of LCL causing the higher number of employees and moving office to support expansion which leads to the expenses derived from such move and the former improvement disposal

) 136.06% (2.91%) (1.53%) Profit (loss) for the period (155.70 ) (88.43 ) (67.27 ) 76.07% (71.26%) (50.34%) Other Comprehensive income 0.00% 0.00% Actuarial gain (Loss) Employee benefit plans (0.96 ) 0.77

higher than the first quarter of 2019 19.4%. This was because of an increase in employee expenses and expenses related to the insurance business. The Company’s gross profit for the first quarter of 2020

improve operational efficiency and cost control in the past year had led to a significant improvement in Krungthai ZMICO’s operating performance comparing with last year. The operating results of Krungthai

of Baht 50.32 Million, which gross profit margin of 8.22%. A few dropped comparing with Q1/2019 was total of Baht 46.10 Million, or gross profit margin of 11.13%. The main reason is improvement of

Infrastructure Expansion Environmental Solutions & Social Development Continuous Improvement & Talent Empowerment Boost Supply-Side Opportunities, Rapid Investor Expansion Building Engagement, Venturing New