exchange gain/(loss) (0.35) 0.32 -191.43% Other income 2.36 3.11 31.78% Earnings before interest and taxes 64.97 237.44 265.46% Financial expense (2.30) (2.31) 0.43% Profit before income tax expense 62.67

price and time. Discussion and Analysis of the Company and its subsidiaries Operational Results in 2018 and 2017 Corporate Revenue In 2018 the Company and its subsidiaries’ total earnings amounted to 880

-53.56% Basic Earnings per Share 0.35 0.25 (0.002) 0.23 1.79 0.83 -53.56% Performance Report Issue of trade war between the United States and China affected the overall global economy as well as the

250.00% Net foreign exchange gain/(loss) 0.32 0.93 190.63% Other income 3.11 5.87 88.75% Earnings before interest and taxes 237.44 124.30 -47.65% Financial expense (2.31) (1.86) -19.48% Profit before

margin 8.4% 3.4% Debt to Equity ratio 0.14 0.16 Earnings per share 0.32 0.11 ROA 8.2% 3.1% ROE 9.1% 3.5% Gross profit margin = Gross Profit (Total Sales – Costs of Sales) to Sales Net profit margin = Net

baht compared with results for the same period in 2016, profit ( loss) amounted to 4.332 billion. Earnings (loss ) decrease the amount of (17.962) million baht or (415.59) percent decline was caused by a

) decreased from 1.98% to 1.46% and the return on equity (ROE) decreased from 2.53% to 1.88% and earnings per share (EPS) decreased from 1.26 Baht/share to 0.95 Baht/share. Gross Profit Margin decreased from

’ spread margin with the reliability of production unit. Financial Ratios Q3 2017 Q3 2016 Gross profit margin 17.7% 10.1% Net profit margin 7.4% 2.6% Debt to Equity ratio 0.12 0.14 Earnings per share 0.30

Baht, main reason came from the Company had unappropriated retained earnings during the nine-month period ended 30 September 2017 increased.  Analysis of financial status  The Current Ratio is 7.7:1

2.04% and earnings per share (EPS) decreased from 1.68 Baht/share to 1.04 Baht/share. Gross Profit Margin decreased from 21.70% to 18.54%. due to the price of natural rubber, which is the main raw