proper product management and effective resulting in reduced cost of sales. Yours Sincerely, Mr. Perapol Suwannapasri Managing Director
with the same period in 2016 decreased from THB 88.79 million to 78.12 million or decreased THB 10.67 million or 12.01% because of effective cost management. Net profit of Company’s operation Net profit
from the last year because of inventory management and effective manufacturing cost control. 3. Gross profit margin was 3.56% of Revenue from sale and service, increased from last year that gross profit
previous year mainly due to in 2017, one of subsidiary which operates ethanol business has amalgamated with Bio-fuel business of subsidiary of Bangchak Corporation PCL. This amalgamation in accounting aspect
company had an strictly and effective stock management and cost control of raw material. Expense In the first quarter of 2020, the company had the selling cost of 5.12 million baht, decreased by 3.35
million tons compare to 7.61 million tons in 2016 or 10% less. As a result, (1) Tha business : Higher cane cost and higher production cost per unit, (2) Oversea sugar business : Damaged cane plantation and
or 36.72% because of effective cost control. Net Loss of Company’s operation Net Loss of the group of the Company’s operation for the Year End 2018 ended December 31, 2018 when comparing with the year
Baht 349.94 million, which was increased of Baht 47.69 million or 13.63 percent. As a result of effective ownership transferring was increased. These include Baan Pha Piyarom Lake Grande, Baan Pha
Baht 354.51 million, which was increased of Baht 41.44 million or 11.69 percent. As a result of effective ownership transferring was increased. These include Baan Pha Piyarom Niva, Natureza Phase 2, Baan
effective ownership transferring was increased. Cost for rent and service The Company and its subsidiaries’ cost for rent and service increased of THB 0.76 million from property investment and service. 2