of pipes for the quarter 3/2019 was 87.82% of income. The cost per income rate decreased when compared to quarter 3/2018 which was 93.63 percent of income. The major reason was the cost of raw

measurement from November 2019. The Regulations and Notifications to make the Act operative is expected to be announced in the next few months. - The Government has also imposed Anti Dumping on Steel Pipes and

delivery charge. 5. Cost of sales of pipes for the year 2019 was 88.15% of income. The cost per income rate decreased from the year 2018 which was 91.56 percent of income. The major reason was the cost of

percent from previous year, compared with the net profit of Baht 208.18 million in previous year. This is due to the higher intensive competition in stainless steel pipes aluminum and copper in the market

24.19 million or 67.61%. The major increasing came from sold pipes to customer in laos. 2. Incomes from the water management business in quarter 2/2018 increased from the quarter 2/2017 by Baht 19.38

the main products such as copper, aluminum and stainless pipes in accordance with lower in global raw material prices and increasing competition. The majority sales of Company comprised of metal like

not exceeding 8,690,000 Baht in accordance with the agreement between Vinythai and PTT Global Chemical Public Company Limited that allows Vinythai to lay down it pipes for chemicals transportation in

year. This is due to the lower sales than in the same quarter of the previous year, affected by the higher intensive competition in stainless steel pipes aluminum and copper in the market and resulting

automotive exhausted pipes to automotive industry. 2 1.1 Revenue For the period of three months ended 30th June 2019, the Company and its subsidiaries had revenue from sales and service of Baht 719.81 million

profit margin of 12.43 percent, compared with gross profit margin of 11.63 percent in the same period of the previous year. This was mainly due to an improvement in sales of exhaust pipes with its high