cost from higher sale volume and higher freight cost from higher sales volume in CNF incoterm. However on 2nd quarter of2018, selling expenses slightly decreased 9.22 percent from the same period of last

122.46 82.73 97.44 80.72 (25.02) (20.43) Labor costs 14.46 9.77 9.68 8.02 (4.78) (33.06) Depreciation costs 3.94 2.66 4.44 3.68 0.50 12.69 Freight expenses 0.24 0.16 0.01 0.01 (0.23) (95.83) Others 6.92

4.50 4.61 0.74 19.68 Freight expenses 0.36 0.26 0.77 0.79 0.41 113.89 Others 3.44 2.48 6.09 6.23 2.65 77.03 Total cost of sales 139.05 100.00 97.70 100.00 (41.35) (29.74) Proportion of cost of sales to

foreign. 5. Selling and administrative expenses increased by 87.06 million baht or 14.38% from 605.22 million baht in 2021 to 692.28 million baht in 2022, mainly from the sea freight costs for exporting

refined glycerine capacity mentioned above, the Company has to import crude glycerine from overseas. Therefore, the Company has strategy to use sea freight service provided by AI Logistics Company Limited

to be temporary. As well, economy of developing countries in Asia still enables to be well expanded by mainly receiving supportive factors from recovery of domestic demand, which includes a direction

Baht, a decrease from the same period last year by approximately 3.34 Million Baht or 21.64% which the cost of sales decreased by in the same direction with the sales revenue. Selling and Administrative

Baht, a increased from the same period last year by approximately 19.79 Million Baht 34.61% which the cost of sales increased by in the same direction with the sales revenue. Selling and Administrative

in the same direction with the sales revenue. Selling and Administrative Expenses The Company had the selling and administrative expenses for financial statement in Quarter 3/2019 was recorded at 9.69

from the same period last year by approximately 15.99 Million Baht 20.33% which the cost of sales increased by in the same direction with the sales revenue. Selling and Administrative Expenses The