93.39 Distribution costs 18.78 16.31 2.47 15.14 Administrative expenses 19.34 13.25 6.09 45.96 Tax expense 5.90 10.43 (4.53) (43.43) Profit for the period 24.26 41.84 (17.58) (42.02) Net Profit

administrative expense to decrease by 6.8% from the second quarter of 2018. Financial Summary for the three-month period ended 30 June 2019 and 30 June 2018 Three-month period ended 30 June 2019 Three-month period

274.61 3.60 248.48 14.49 532.97 549.51 -3.01 Cost of goods sold 152.47 154.23 -1.14 139.89 8.99 292.36 306.13 -4.50 Selling expenses and administrative expenses 124.74 115.04 8.43 111.29 12.08 236.03

210.47 -0.76 -0.36% 65.28% 65.80% Cost of sales 34.33 41.00 -6.67 -16.26% 10.69% 12.82% Administrative expenses 42.70 44.11 -1.41 -3.20% 13.29% 13.79% Gain on exchange rate 0.34 -1.92 2.26 -117.57% 0.10

% Total Revenue 473.77 662.84 (189.08) -28.53% Cost of goods sold and cost of services 361.31 895.44 (534.12) -59.65% 112.45 (232.59) 345.05 148.35% Selling and Administrative Expenses 100.00 85.05 14.95

right of the Company. 4 Administrative Expenses Type of administrative expense Consolidated Financial Statements For the quarter ended 31 March 2017 2018 Changes Million Baht % Million Baht % Million Baht

due to the higher gross profit and the lower administrative expenses. As a result, overall net profit of the Group is increased. Analysis of revenues Q1’ 2018 Q1’ 2017 Increase (decrease) Million Baht

274.90 -0.10 549.51 529.72 3.74 Cost of goods sold 154.23 133.04 15.93 151.91 1.53 306.13 279.60 9.49 Selling expenses and administrative expenses 115.04 103.96 10.66 105.32 9.23 220.36 195.70 12.60

Total revenues 245.62 265.32 -7.43 274.61 -10.56 795.14 795.05 0.01 Cost of goods sold 134.41 140.05 -4.03 154.23 -12.85 440.55 419.66 4.98 Selling expenses and administrative expenses 109.32 103.59 5.53

before Expense 81,248 58,445 22,803 39.02 Sale Expense (8,072) (5,225) (2,847) 54.49 Administrative Expense (38,128) (32,421) (5,707) 17.60 Directors and Executives' Remuneration (11,842) (10,193) (1,649