% compared to 2018, which the gross profit was THB 1,004.84 million or 38.17% of the total revenue from operations. Mainly increased due to the increase in sales of main product categories, resulting in the

main product categories, resulting in the increase in gross profit of Food Coating for THB 15.14 million and Flavor & Fragrance for THB 63.86 million. 2. GROSS PROFIT FROM HOTEL OPERATIONS In 2019, the

amounted THB 227.4 MB and THB 251.8 MB respectively, equivalent to 19.6% and 19.5% of the total assets respectively. The main current assets increase in accordance with an increase in cash and cash

year. Finally, higher maintenance costs from scheduled kiln overhauls were a main contributor to the cost increase however that was a necessary sacrifice to improve capacity availability. Income tax was

of 30 September 2019 are 360.23 million baht, an increase of 137.90 million baht or 62.20% compared to 222.33 million baht as of 31 December 2018. The main reason is due to the increase of Short-term

. In 2019, commercial business generated revenue of THB 759m or 13% increase from last year. Main drivers of the growth rate were letting out the space at Singha Complex after its construction completed

of the main customers in South America expanded more branches and the new policy of the Company to sell products to only one customer in some country where the customer has high market shares in

, increased by Baht 615.24 million from as of December 31, 2017. The main reason came from the increase of inventory, property, plant and equipment and also the investment in associates. In this regard, the

million from as of December 31, 2018. The main reason came from the increase of cash or cash equivalent increasing from the issuance of debentures at the amount of Baht 200 million since March 2019. 2

% 1,197.19 87.2% 77.71 6.9% (a) Total assets Total asset as at December 31, 2019 stand at 1,372.78mb, an increase of 145.99mb or 11.9%. The main reason for the increase is due to higher trade receivables