respectively, an increase of THB 43.5 Mn or 3.1%. This was mainly due to (1) the opening of new branches, (2) increased sales of raw material to franchisees, (3) increased sales of retail merchandise and (4

ending month for the soil prepartation period thus, the Company placed less purchase orders for raw materials to oversea suppliers in this period. As of June 30, 2019 the Company and its subsidiary had a

% THB mm % Raw material and packaging 179.04 80.77 71.50 60.69 (107.54) (60.06) Labor costs 21.98 9.92 11.33 9.62 (10.65) (48.45) Depreciation costs 8.64 3.90 10.06 8.54 1.42 16.44 Freight expenses 0.68

baht or 0.54 percent of total revenues due to revenue from sales of scrap on raw material of 0.09 million baht, rental income from related company of 0.60 million baht, interest receive of 0.49 million

baht due to more sales volume in term of electricity - The other income in quarter 2-2019 in the amount of 1.44 million baht or 0.54 percent of total revenues due to revenue from sales of scrap on raw

increased to an all-time high from the past 3 years, as well as market sentiment fearing for the prospect of trade war after the US increased import tax of various raw materials, which would inadvertently

margin was declined from the higher raw material price. The Denatured Ethanol Business saw performance improved from last year following the amalgamation, however gross profit was affected by the declining

/(Decrease) For Nine Months Period Ended 30 September 2018 2019 THB mm % THB mm % THB mm % Raw material and packaging 256.39 80.28 109.18 60.53 (147.21) (57.42) Labor costs 30.97 9.70 15.90 8.81 (15.07) (48.66

and effectively manage the raw materials. Please be informed accordingly, Sincerely yours, Mr. Weerachart Lohsiri Managing director

again. This resulted in an increase in the labor cost and raw materials for the past 2nd quarter. Even though this resulted in the Company had the production cost and the cost of goods sold increased, but