the first time. The economics of scale has already improved and the synergetic effect between both companies will increase throughout 2019 particularly on the fixed cost side. EBITDA in Q1 2018 improved
company had the operating result for the year ended December 31, 2017 show a net loss of Baht 30.13 million, compared to previous year which a net loss of Baht 68.58 million, the loss decrease Baht 38.45
products increasing the overall market size and providing significant total cost savings to our customers. Sales volume and revenue was also impacted by the highly competitive domestic market, as export
expectations. On the cost side a major external factor was the change in Thai legislative environment, which made it necessary to build major additional retirement provision in Q2. On top of the external factors
decreased 84.62 million baht, or equivalent to 6.22% from the same period of previous year due to the economy that was slow down. Expenditure and government investment were insufficient for driven economy
goods. Distribution cost and administrative expenses amount to Baht 108.53 million. It decreased Baht 14.12 million or equivalent to 11.51% which gained from the expenditure adjustment to the categories
expenditure because there was a problem of purchase power and incomes that remained not recovered. Household income in agriculture sector remained encounter with additional pressure from the flood situation in
synergies of the acquisition contributed to the growth in revenue while variable cost synergies (particularly on fuel specific consumption optimization) contributed positively to consolidated EBITDA
expenditures are at a high level. The government's capital expenditure expanded mainly in line with the disbursement of transport agencies. However, the overall performance of the company in Q2–2021 showed that
baht because the company can operate to decrease expenditure and have lower cost of finance. -2- Balance Sheet - Total assets at December 31, 2017 was 856.60 million baht compared to December 31, 2016