has loss on cost of goods sold because the declining of raw material price and abnormal loss in manufacturing process. 2. Cost of Refining Service in the 2nd quarter of 2015, and 2014 cost of sale was

declining of raw material price and abnormal loss in manufacturing process. 2. Cost of Refining Service in the 2nd quarter of 2015, and 2014 cost of sale was THB 8.03 million and THB 18.97 million, with ratio

continuously affected by the appreciation of the THB against both the USD and Euro, which resulted in THB sales declining by 4% of total sales (Table 1, Y-o-Y effect of change in FX rates on sales was Bt565

of Chinese tourists. However, tourists from South East Asia faced a declining growth at 2.6 percent, dropped from 16.1 percent growth in the third quarter of 2018 while Europe, which is another top

to the one time profit recognized in 4th quarter 2017 together with of the declining of oversea restaurants and the Food and Bakery Wholesales Business. The return on equity for full year comparison

against the US dollar and Euro in the period, which resulted in THB sales declining by Bt111 million (Table 1). The drop in revenue in 1Q19 was mainly pressured by a decrease in sales volume by 1% Q-o-Q and

to grow slower than forecasted. It was mainly due to the weakening export sector which attributed to the declining demand worldwide, resulting in the stagnant economic growth in several major trading

baht against the US dollar and Euro in the period, which resulted in THB sales declining by Bt46 million (Table 1) Cost of Sales and Gross Profit The gross profit margin in 2Q19 of 19.0% declined Q-o-Q

decreased from 10,164.5 million baht to 9,812.5 million baht, lower from the first six-month of 2018 by 3.5 percent. The declining scheduled passenger revenue was resulted from highly intense competition and

declining in revenue and gross profit and the increasing in administrative expenses. Financial Position As at 30 September 2018, the Group reported total assets at THB 936.6 million, decreased by THB 9.9