its distributor in China as mentioned above, and as a result, the available resources for production, namely machinery, labor and fixed costs, did not match with actual production volumes, not to

Machinery and equipment 9,306 7,448 Total right-of-use asset 111,218 84,008 Ratio Consolidated financial statement 2019 Q1/2020 NET PROFIT (%) 5.35% 28.10% EBIT (%) 8.24% 33.32% EBITDA (%) 12.28% 41.74% ROE

started utilizing its tax benefits approximately Baht 70.0 million from the investment in new machinery. Q1/2020 vs Q4/2019 (QoQ)  Net profit in Q1/2020 reduced by 16.0% QoQ, mainly due to the decreased

equipment dropped by 38.46% QoQ due to decrease in demand on products. • Other revenues comprise of revenue from sale of scrap and zinc and machinery rental. Cost of Goods Sold • Cost to revenue from

ended 30 June 2019 was quite at the same level as the same period last year, mainly attributable to a slight sales decrease and depreciation from new machinery, but there were higher sales from Younique

Production Machine and Plant Equipment Purchaser Planet Seller  Shanghai Wood-based Panel Machinery Co., Ltd.  DIEFFENBACHER GMBH MASCHINEN-UND ANLAGENBAU  ANDRITZ  Zhuzhou New Times Conveyer Machinery Co

of the year 2019. Page 3 2.3) Purchase Agreement of Production Machine and Plant Equipment Purchaser Planet Seller  Shanghai Wood-based Panel Machinery Co., Ltd.  DIEFFENBACHER GMBH MASCHINEN-UND

and 13486, including relevant licenses 6,336 square meters 3 76 items of machinery and equipment for the manufacturing business, including relevant licenses - The disposal of such assets is intended to

Millcon Steel Co., Ltd. changed the AC and DC motors instead of the existing motors to increase the efficiency. 20 3 Kobelco Millcon Steel Co., Ltd. has improved the machinery with new electric wiring in

continued to expand from the increase in domestic machinery sales and the increase in number of registered vehicles for investment. Public spending also continued to improve from the first half of the year