million in the same period of 2017 representing a decrease of Baht 103.60 million or 62.77 % decrease. The reduction of income was the construction one of Baht 89.39 million or 60.98 % decrease and the

No. AC 070/2562 KHON KAEN SUGAR INDUSTRY PUBLIC CO., LTD 503 K.S.L. TOWER, 9th FLOOR, SRIAYUDHYA ROAD, RAJATHEVI, BANGKOK 10400 16 September 2019 SUBJECT EXPLANATION FOR THE DECREASE IN NET PROFIT

performance of the Group Unit: Million Baht Q3’ 2019 Q3’ 2018 Increase (decrease) Variance (%) Total revenues 1,701 1,875 (174) (9%) Net profit 112 137 (25) (18%) The Group’s total revenues for the third

a reduction of Baht 2.84 million or 6.40 % decrease. In this current year, there were only 2 ongoing projects expected to be completed within this current year and no new awarded one. Service Income

decrease is the came from better management to compact the organization structure and continuous focus on reduction of expense of the company. 5. Management benefit expenses For Quarter2 of the year 2019

decrease in cost of sales. 2.2 The cost of renewable energy amounted to 29.94 million baht, a decrease of 7.13 million baht or 19.23 percent due to the depreciation from the reduction of cost of solar panels

and 2020 were 61.3% and 60.9%, respectively, decreased by 2.7% from Q4/2019 and 3.8% from 2019. • The decrease in gross profit margin was mainly due to the reduction in total revenue from sales in a

baht comparing to September 30, 2018 due to the decrease in trade and other payables following the reduction of sales. Accordingly, the total shareholders’ equity amounted to 3,534.55 million baht

million, a decrease of THB 1.88 million or 1.68 per cent, compared to the same quarter in 2018. The result of the decline in revenue came from the reduction of media fee. 2. The administrative expenses of

million in 2016 decreasing Baht 1.43 million or 9.66 % decrease due to reduction of collateral deposits at bank for repayment of short-term loan maturity. Loss Attributable to Equity Holders of the Company