: managers or markets  Trackers: low-cost investment  Strategic Beta: beyond cap-weighting 4 4 Typical fee rate could take more than one-third of the return over a long-term investment horizon. • With 4

. Furthermore, the country’s economic grew considerably low in 2019. Therefore, majority of the Company income from real estate business in 2019 came from the condominium ready to move in. Cost of sales and Gross

continued to expand, it has still been affected by high levels of household debt as well as persistent low prices for agricultural products. The performance of the company in this quarter is still in line

million or 80.73% in the 1st quarter of 2015 from 2014. The refining service’s volumes also share the Company’s overhead costs, which help to maintain production cost as low as possible. 3. Cost of Sale

production cost as low as possible. 3. Cost of Sale – Ice Cube - In 1st quarter of 2015, cost of sale was THB 5.84 million, with ratio of cost of sale to revenue was 86.65%. - In 1st quarter of 2014, cost of

% from the 1st quarter of 2018 to 2017. The refining service’s volumes also share the Company’s overhead costs, which help to maintain production cost as low as possible. which the company is still

Bangkok. In contrast the prices of agricultural products remain at a low level, albeit slightly improved. As a result, consumer spending in the agricultural sector continued to be slow. Sales at HomePro in

termination of a contract with high revenue in mid-2017. Notwithstanding the lost, the impact on the gross margin is not significant as this contract has low margin. Cost and Gross margin Cost of sales and

revenue but low margin in mid-2017. T.662 636 6999 F.662 646 4200

. Revenues from Financial Solutions decreased by THB 4.77 million or 5.87% to THB 76.56 million (2017: THB 81.33 million) due to loss of accounting services contracts with high revenue but low margin in mid