comparison with the previous year, due to the delay approval process of budget expenditure of the government for the 2020 fiscal year. • Revenues from sales and beauty treatment services for the year 2019 were

and targeted to lead to $350 million in run-rate cost savings by 2023. These initiatives and the strategic acquisition of the Huntsman Integrated Ethylene and Propylene Oxide (EO & PO) assets (code

$ 1.9B. Interest cost is expected to come down for year 2020, thanks to lower benchmark rates. Our net operating debt to equity went up to 1.35 times primarily due to the acquisition of Spindletop

decrease of Bt11.3 million or 2.9%(y-o-y), mainly were the decreased in personnel expenses, the consulting fee, the expenditure on computers and equipment and general administrative expenses. The Cost of

increased 63.10 percent due to higher gain from exchange rate. 1.2 Cost of goods sold and expenses Consolidated (Thousands Baht) Year Change 4th Quarter Change 2018 2017 Amount % 2018 2017 Amount % Cost of

incomes increased 0.22 million baht. Total increased 1.26 million baht. Cost of sales for the three months ended March 31, 2017 amounted to 31.76 million baht. (2016: amounting to 29.19 million baht) The

incomes decreased 0.47 million baht. Total decreased 5.78 million baht. Cost of sales for the three months ended March 31, 2019 amounted to 30.00 million baht. (2018: amounting to 28.26 million baht) The

consideration for EBT of UE as well as issuing and offering up to 31,941mn U-W3 warrants to UE at no cost, (ii) a rights offering to existing shareholders, of which 283,791mn preferred shares were subscribed

provide scale benefits and improve operating capabilities. In response to industry headwinds, Management has improved its special focus on cost and working capital optimization programs. Disciplined

Offering, pre-operation expenses for Project Crossroads Phase One comprise expenses incurred in preparing for the opening of Project Crossroads Phase One that was not recorded as capital expenditure, Tax