1 Note: 1) Revenue and Cost that were recognized when there is construction under concession agreements for tap water according to accounting standard TFRIC12 1. ANALYSIS OF FINANCIAL PERFORMANCE For

year 2019 increased 51.20 and 61.28 percent from the same period of last year. Main attribution is increasing in sales quantities from 2nd production line. The effect from Thai Baht appreciation and

2018. Our book value per share as at 31 December 2019 stood at 59.74 Baht Significant changing is as follows: 1) Revenue from sale in Baht 754.72 million decreased by Baht 19.80 million or 2.56% (2018

for payment. The Corporate Group has established policy for setting provision or allowance for doubtful debts which is based on the analysis of accounts receivable aging and assessment of past debt

selling through agents was higher, transportation cost for distribution in both domestic and international market, sales promotion expense for exhibition In Philippine. All cost of distributions is incurred

profit margin of 36.42%, decreased by 3.99% as resulted by; 2.1 A decrease of gross profit margin by 0.92% due to the practice to comply with Thai Financial Reporting Standard No. 15: Revenue, which is

summary of the Company’s operating performance in the second quarter of 2017 and 2016 is shown in the following table: 2Q17 1Q17 %Change 2Q16 %Change [Amount: in Baht Million] Q-o-Q Y-o-Y [2Q17 VS. 1Q17

: Saha Pathana Inter-Holding Plc. (SPI) is concurrently a major shareholder in these 2 companies, as follows : - SPI currently holds a 21.26% stake in Thai Wacoal Plc. - SPI currently holds a 40.00% stake

million, to be 3.08% as follow: - Cost of Producer of ready-to-drink decreased Baht 4.93 million, less than the previous year, or 5.18%. The decreased cost of production is consistent with the decreased

Company to recognize as deferred income tax assets with the income tax income in the previous accounting period and if the deficit is used to offset the profit in any period make record income tax expense