to Baht 34.47 million. The Company has changed its policy on allowance for diminution in value of deteriorated and moving products as follows: OLD Policy on allowance for obsolete inventories

218.9% compared to the gross profit of Baht 32.8 million for 2018. It is due to the allowance for diminution in value of obsolete and slow-moving inventories amounting Baht 37.5 million in 2018, resulting

2019. The main reasons were:  Cost of goods sold was Baht 23.47 million, increasing of 45.50 % due to lots of new book titles book published and increased in numbers of provision of obsolete stocks

by 8.9% from the marketing activities expenses. The administrative expenses reported at Baht 28.8 million, increased by 4.1% due to writing off the obsolete finished goods and raw materials. Shutdown

%, while domestic sales decreased by 19.7%. Baht 1.0 million revenue came from other activities, transportation, sales of scraps, and obsolete equipment. Gross profit margin increased from 33.1% to 35.2% due

177.30 million, a decrease of 28.1% over same period last year. However, the decrease in net profit was mainly from the group has changed accounting policies about provision for obsolete and slow-moving of

62.78MB which included sales of obsolete assets while sales of investment in Mae Sod Clean Energy Co., Ltd. of 59.10MB was included in Q1 2017. PDI remains actively looking for projects with acceptable

reserve Provision for Obsolete Stock 9.27 million baht Page 2 of 2 2.2) Cost of Real Estate Development increase 49.56 million baht or increase 100% from the Subsidiaries recognize revenue from sell of real

. Other incomes of year 2017 reaches 186.44MB which included sales of investment in Mae Sod Clean Energy Co., Ltd. of 59.10MB and sales of obsolete assets, whereas the sales of investment in Padaeng

with QoQ. This is due to the decrease in write off obsolete finished goods and better control. The Company reported shutdown expenses for inventory management against sales volume at Baht 15.7 million