percent (35.0 percent in the year 2017). The gross margin was higher as the company could be controlled the volatility of raw material prices. In addition, the production and sales in this quarter decreased
increased by 4.13% YoY. The increase was mainly due to the expenses of new outlets (i.e. Rayong and Diana Hat Yai branches) such as depreciation, and utilities. The Company efficiently controlled and managed
repealed. Clause 2 In this Notification: “regulatory sandbox” means a framework for experimenting and developing an innovation in a controlled environment to support provision of services related to capital
” means a framework for experimenting and developing an innovation in a controlled environment to support provision of services related to capital market. “approved person” means a person who is approved by
improvement of automated kiosks that are more than 130,000 kiosks countrywide with well-controlled cost efficiency. The Company has segmented its operation into 3 business groups to improve their efficiency
% QoQ. The decrease was mainly due to selling and marketing expenses, personnel expenses, and rental in term of TFRS 16. Moreover, the Company efficiently controlled and managed expenses of existing
utilities. The Company efficiently controlled and managed expenses of existing outlets indicated in decreasing such expenses by 4% YoY in spite of higher marketing expenses to build brand awareness. Selling
Page 2 of 12 Contents CONTENTS 2 INTRODUCTION 3 SOLAR BOND MARKET AND POTENTIAL FOR GROWTH 3 HOW MANY BONDS EXIST ALREADY? 3 HOW CAN BOND CERTIFICATION HELP GROW THE MARKET? 3 KEY ISSUES IN DEVELOPING