due to 1) sales decrease; 2) higher cost per unit as a result of lower utilization rate; 3) higher depreciation; 4) higher excise tax and sugar tax following the Excise Act, B.E. 2560; 5) sales

, we also faced the need to do earlier than expected preventive maintenance, which reduced our utilization rate and added to the fix costs. SG&A was slightly higher as there were some one shot impacts

, remained under pressure from excess production capacity. Headline inflation in the third quarter of 2017 averaged at 0.45 percent, up from 0.26 percent in the same period last year, following higher energy

2017. Other income increased 73.88 percent from year 2017 due to higher received interest from the bank and higher gain from exchange rate. Company total revenue of 2nd quarter decreased 10.30 percent

2,518 million, or 3.94 percent, over-year. Moreover, KBank has set aside higher allowance for impairment loss on loans to maintain our financial position stability. Therefore, our net profit for 2017

to 3.39 percent, slightly higher than the previous quarter, and still within the target of 3.2- 3.4 percent. In addition, non-interest income rose Baht 1,125 million, or 7.45 percent over-quarter

net profit margin 2) higher depreciation resulted from additional investments in plant, machinery, and office renovations to improve production efficiency and reduce production cost, in order to prepare

, imposing a lockdown order from March 22, and closing certain business and venues with a high risk of Covid19 transmission. The Company placed great importance on complying stringently and promptly with the

higher products sold than previous year. The Company was possible to allocate fixed costs efficiently. Although, the price of crude palm oil was fluctuating during certain periods, the Company still

have been prepared and presented in accordance with TFRS, which differs in certain respects from IFRS. Certain principal differences between the requirements of TFRS and IFRS, as they relate to us, are