is a transaction of which NDR expects immediately benefit because FKRMM has been a customer of NDR for more than 10 years, and has continuously increase in sales of motorcycle of tires and tubes in

used for calculation of other transactions.) The acquisition of FKRMM's shares is a transaction of which NDR expects immediately benefit because FKRMM has been a customer of NDR for more than 10 years

depreciation, resulting a net profit in 4Q17 of Bt7,701mn, increasing 19% YoY and 3.1% QoQ, or a margin of 18.7%. FY17 Financial Summary Revenue In 2017, total revenue was Bt157,722mn increasing 3.7% YoY

/2018 and of the nine months of 2018 were of Bt304.6 million and Bt869.5 million which increasing by Bt32.8 million or 12.1%(y-o-y) and Bt60.9 million or 7.5%(y-o-y), representing Net profit margin of

2018 was of Bt1,535.9 million, increasing by Bt85.5 million, or 5.9%(y-o-y). Representing operating profit margin before finances expense and income taxes (EBIT margin) at 40.3% and the EBITDA was

and taxes (EBIT) in 2018 was of Bt1,535.9 million, increasing by Bt85.5 million, or 5.9%(y-o-y). Representing operating profit margin before finances expense and income taxes (EBIT margin) at 40. 3% and

159.78 (42.39) (26.53) 87.16 96.05 Cost of sales (88.33) (119.80) 31.47 (26.27) (75.24) (74.98) Gross Profit 29.06 39.98 (10.92) (27.31) 11.91 21.07 Other income 17.30 6.57 10.73 163.32 12.84 3.95

increase 4.2% QoQ from Baht 496.5 million to Baht 517.4 million, increasing of Baht 20.9 million, mainly derived from the increasing of gross profit and gross profit margin of municipal solid waste power

subsidiaries by having the main substance is as follows. (Unit: Thousand Baht) Revenues Gross Profit Selling Admin Net profit 2017 837,308 293,207 80,159 93,260 -236,013 2018 929,354 325,527 88,001 79,800

year 2016 by 49 MB or -16.7 percent while the gross profit margin is 35 percent (39 percent in year 2016) which from the effects from the increasing of the main raw material and the currency fluctuations