renew the management service contracts with appropriate profit margin only. 2. Solar energy which is a new business has higher gross profit margin than 2 existing businesses. Consequently, overall gross
% 2.2% EBITDA (MB) 27.8 14.9 86.3% EBITDA (%) 14.6% 6.2% Earnings per share (Baht) 0.03 0.01 200.0% Remark : EBITDA = Profit before finance costs, income tax, Depreciation and Amortization Statement of
percent in Q2/2018). The increase of gross profit was the result of low overhead cost due to high production volume and the higher in sales. Selling Expenses The Company and its subsidiaries had the
Printing Public Company Limited (“TBSP”) since April 4, 2018. Excluding TBSP, Company’s core revenues increased by 2% y-y in 2Q18, mainly caused by higher boost Hybrid and Digital Print & Mail business. For
Ratios 19 P a g e | 3 - Management Discussion and Analysis 2Q2020 - Executive Summary In 2Q2020, crude palm oil (CPO) price was higher than 2Q2019 caused by the implementation of biodiesel B10 as the
higher in sales. Sales Expenses Q2/2020, the Company and its subsidiaries had the expenses of 24.2 MB, increased from Q2/2019 in the amount 2.0 MB or 9.44 percent (22.1 MB in Q2/2019) as result from the
% Administrative expenses (26.21) (39.92) (13.71) 52.31% Share of profit of investments in associate 0.09 0.13 0.04 46.78% Finance costs (0.26) (0.34) (0.07) 28.01% Profit before income tax expense 86.37 113.36
) (36.5) 13.2% (75.8) (44.9) 68.7% Finance Costs (84.1) (104.9) -19.8% (161.0) (198.5) -18.9% Share of Profit from Investments in Associates and Joint Ventures 752.7 246.8 204.9% 1,091.9 906.1 20.5% Income
4.9% QoQ caused by higher demand for digital solutions e.g. Cloud and ICT solutions. In this quarter, non-mobile enterprise services contributed approximately 3.8% of core service revenue. Soften EBITDA
not less than 80% but not over 100% of the principal, depends on the share price of the company ABC. - If the share price of the company ABC is higher than x2 Baht, the investors shall receive return at