2nd Quarter 2019 • Total cost of goods sold decreased by 20.8% which was in line with the decrement of sales value. However, unit cost of product was slightly increased due to the increment of energy

incomes also increased from the revenue of by products, waste, material and interest received from the short term investment fund. For the sharing of gain from investment value of the associates, for the

% from last year, which was in line with the decrement of sales value. However, unit cost of product was increased due to the increment of energy cost. Temporary shutdown expenses Shutdown expenses

above break-even revenue for its business and represented its new cost structure after new shareholders acquired. Total value of consideration is same value as negotiation in between Seller and the

rate. 5. The expected benefit to the company The company will receive profit from this transaction because of selling price is higher than cost. 1,075.82 ( 2,591.82-1,516) million baht. The company will

used in Value Measurement The price negotiation between the buyer and seller is referred to the appraisal of Sasirachada Co., Ltd. which determines the project value by using the cost approach and income

diminution in value of inventories (reversal) increased 89.02% compared to the same period of previous year. Financial Cost In 2017 and 2016, total financial cost of the Company decreased from Baht 34.60

previous year were as highlighted below ; (Unit : Million Baht) Q1/2018 Q1/2017 % Change Sales and Service Income 467 461 1 Cost of sales and Services 384 339 13 Selling and Administrative Expenses 60 70 (14

%) Revenue from construction service 59.91 5.45% 8.04 0.52% 51.87 645.15% Cost of sales (576.34) (52.42%) (870.10) (56.18%) (293.76) (33.76%) Cost of construction service (68.70) (6.25%) (6.51) (0.42%) 62.19

par value of preferred shares is 10 Indian Rupees per share 2.3. The management of the Company has appraised the share price of the Joint Venture Company by using the Discounted Cash Flow method (DCF