74.02% due to an increase in sales. This resulted in gross profit of 13.66%, decreasing by 1.58% from 15.24% in the first quarter of 2017. Sales and Administration Cost The company recorded sales and

quarter of 2017. Sales and Administration cost The company recorded sales and administration cost of 96.01 million Baht in the second quarter of 2018 which increased from the same quarter last year totaling

increased sales. This resulted in gross profit of 15.27%, decrease of 2.84% from gross profit of 18.11% in the third quarter of 2017. Sales and Administration cost The company recorded sales and

increased sales. This resulted in gross profit of 13.33%, decrease of 3.94% from gross profit of 17.27% in the third quarter of 2018. Sales and Administration cost The company recorded sales and

organizations under the newly introduced framework are public organization, provincial administration organization, municipality, Bangkok Metropolitan Administration, Pattaya City and juristic person established

, analyzed and prudently performed our duties as an Independent Financial Advisor, complying with the generally accepted professional standard and rendered our opinion based on the unbiased analysis with

* Note Please find further information in the consolidated financial statements. 1 21 February, 2019 Subject: Management Discussion & Analysis (MD&A) for the year 2018 Attention: The President The

คำอธิบายและการวิเคราะห์ฐานะการเงินและผลการดำเนินงาน * Note Please find further information in the consolidated financial statements. 1 February 21st, 2020 Subject: Management Discussion & Analysis

* Note Please find further information in the consolidated financial statements. 1 23 February, 2018 Subject: Management Discussion & Analysis (MD&A) for the year 2017 Attention: The President The

บริษัท สำนักกฎหมายธรรมนิติ จำกัด Page 1 of 1 No. NDR010/2017 August 11, 2017 Subject Management Discussion and Analysis Report for Q2/2017 Attention: Directors and Manager, The Stock Exchange of