%. Production growth was modest at 4% but the highlight was the Core EBITDA per tonne of $ 110 in 2017, a growth of 24% Y-o-Y, demonstrating a sizeable improvement in the quality of the portfolio and earnings

. Hire purchase loans contracted at 8.1% from the end of 2016. For asset quality, the amount of Non-Performing Loans (NPLs) showed considerable improvement with the Non-Performing Loans (NPLs) to total

การปฏิบัติงานของคณะกรรมการบริษัท D. Employees พนักงานบริษัท E. Share Ownership การถือหุนของกรรมการและผูบริหาร VII. MAJOR SHAREHOLDERS, RELATED PARTY TRANSACTIONS AND CONFLICT OF INTERESTS A. Major

to 390.8 million baht for the six-month period. Increasing share of profit from SPF was due to a better performance of WFS Cargo along with an increase in percentage of ownership in the associate to be

ownership in SPF to be 33.0 percent. Unit: million baht July-September January-September 2017 2016 Variance 2017 2016 Variance Amount % Amount % WFS-PG Cargo Company Limited 84.5 70.4 14.1 20.0 240.1 186.3

was largely due to a better performance of WFS Cargo along with an increase in percentage of ownership in SPF from 31.6 in year 2016 to 33.0 percent in year 2017. Unit: million baht January-December

improvement in collection operation and continuously improving asset quality as well as positive sign of economic recovery. - Finance Cost In the fiscal year ended February 28, 2018, the Company’s finance cost

previous year of Bt731.43mn, in 4Q18, the gross profit was Bt166.35mn, down 4.6% YoY due to the slowdown of the grassroots economy, the depreciation cost of and the improvement of the performance of the

for replacements and improvement of production capacity and efficiency aiming for a production automation in Thailand under the scheme of “Delta Smart Manufacturing”. Liabilities and Liquidity As at 31

207.86 million and 2 1 6 .71 million respectively, growing at a rate of 4 .2 6 %. This signaled an improvement in domestic sales revenue in the fourth quarter of 2018 compared to the past third quarter