from last year of profit Baht 11.12 million. The gross profit rate from sale business was increased from gross loss rate 0.23% to gross profit rate 4.43%. 3. Sales and administrative expenses : Sales and

the cost of services could not be reduced promptly. Selling Expenses, Administrative Expenses and Other Expenses The Group has selling expenses, administrative expenses and other expenses for this

) (72.8 %) (938.8) (73.3 %) (13.9 %) Gross Margin 301.9 27.2 % 341.5 26.7 % (11.6 %) Distribution Costs (129.5) (11.7 %) (162.3) (12.7 %) (20.3 %) Administrative Expenses (78.5) (7.1 %) (87.5) (6.8 %) (10.2

2.48 5.04 1.47 4.13 (2.66) (64.41) Administrative Expenses 4.64 6.17 2.92 4.69 (1.77) (37.74) Total Expenses 20.98 41.26 17.41 38.05 (20.64) (54.24) Profit from operating activities (3.91) 1.62 (2.24

consumption from private sector. However, expenses from the government sector, and tourism industry sector continued to increase, partly benefited from the return of Chinese tourists, and a decline of the

Q3–2020 Balance by Quarter Change Q3–20 Q2–20 Q3–19 Q3–20 VS Q2–20 Q3–20 VS Q3–19 (Million Baht: MB) (MB) % (MB) % Total Revenue 2,241.1 1,187.6 1,798.9 1,053.5 88.7 442.2 24.6 Total Operating Expenses

% Revenue from services 715.6 100.0 1,751.8 100.0 144.8% Costs of services (390.0) (54.5) (1,087.5) (62.1) 178.8% Gross profit 325.6 45.5 664.3 37.9 104.0% Selling expenses (77.6) (10.8) (154.4) (8.8) 99.0

% Cost of goods sold and services 977 1,074 -9% Gross profit 244 228 +7% % gross profit 20.0% 17.5% Selling expenses 106 153 -31% % selling expenses to sales 8.7% 11.8% Administrative expenses 135 139 -3

and service 11,179.2 74.2% 11,370.1 74.2% (190.9) (1.7%) Gross profit 3,885.1 25.8% 3,963.1 25.8% (77.9) (2.0%) Cost of rental 135.8 0.9% 160.2 1.0% (24.4) (15.2%) Selling and administrative expenses

% 11,040 10,386 -6% Operating and administrative expenses Expected credit loss Finance costs Other expenses 2,003 1,590 554 21 1,921 1,226 453 2 1,974 2,005 448 6 3% 64% -1% 200% -1% 26% -19% -71% 4,086