reduction is mainly due to improved productivity. We are on track to improve our gross and net profits by ensuring that any increase in our costs is lower than our growth in sales. Gross Profit As a result of

% compared year-on-year, the growth in our cost of service increased by 3.00mb or 2.1% to 147.42mb (Q2 2018: 144.42mb). The slower growth in cost is mainly due to improved productivity in our bid to improve

to improve our gross margin. Gross Profit As a result of overall improvements in productivity, we achieved a gross profit of 126.54mb ( Q2 2018: 109.92mb) , an increase of 16.62mb or 15.1% . This

or 0.8% more than the same period last year. We saw a dip of 3.54mb in the implementation revenue from our ERP division due to resource constraints which should improve toward the end of the year. The

comparing to 2018 or 11.9% mostly due to soften Ethylene and Glycerin price from ample supply and lower crude oil price. Summary of Performance For Q1 2019, the Company and its subsidiaries recorded net

despite of the drastically decline in Ethylene and Glycerin price from ample supply plus lower crude oil price. 2. In Q2 2019, Selling and Administrative Expenses was 338 MTHB, increased by 59 MTHB or 21.1

or 17.2% due the drastic decline in Ethylene and Glycerin price from ample supply plus lower crude oil price. 2. In Q3 2019, Selling and Administrative Expenses was 361 MTHB, increased by 42 MTHB or

in Ethylene and Glycerin price from ample supply plus lower crude oil price. 2. In Q1 2020, Selling and Administrative Expenses was 350 MTHB, increased by 30 MTHB or 9% comparing to Q1 2019 which

Phusitphoykai 04 Activities for Enhancing Audit Quality In our continued efforts to improve the quality of financial reporting of the listed companies in the Stock Exchange of Thailand (SET), the SEC, in

............................................................ B. Engagement Level ............................................... Root cause analysis and examples of action plans to improve the quality control system .................. Our Focus for the Third