are normally drop in volume during holiday seasons and high SG&A, 2) an improvement on financing cost mainly attributable to debt refinancing, 3) lower interest expense from ABPIF and 4) relatively

further BOI tax optimization. Net income was slightly down year-on-year given the higher depreciation and financing cost, despite the improvement in EBITDA 3.2. Assets, Liabilities & Shareholders’ Equity

6.48 million bath or 3.18% decreased, results in more profit margin compare to the past 6 months of the year 2019 by 3.62 million baht due to better cost control and improvement of production efficiency

that happened in the 2nd quarter of 2020, the Company had the production cost increasing from the improvement of work in process products to be the finished goods in order to be able to sell efficiently

costs as our fuel expenses have increased in recent months in line with the general trends on the solid fuel market. The operational efficiency improvement projects will along with fixed cost discipline

big improvement was resulted from Fitness First (cost saving project), which drove the overall costs down. Also, Fitness First Phase II has been kicked off and now called “Fit Fast Firm” project. This

previous year of Bt731.43mn, in 4Q18, the gross profit was Bt166.35mn, down 4.6% YoY due to the slowdown of the grassroots economy, the depreciation cost of and the improvement of the performance of the

2,646 million in 9M’2018, primarily due to an increase in revenue and an improvement on financing cost mainly attributable to a refinancing of project bond in April 2017 and a repayment of corporate loan

2017 to Baht 1,842 million in 2018, primarily due to commercial operation of new plants and an improvement on financing cost mainly attributable to debt refinancing after issuing project bond in May 2018

strengths for future business growth, i.e. investments in plant and machinery, aiming at higher production efficiency, reduced production cost, quality systems improvement, investments in research and