-2.31 -12.40% 4.01% 5.68% Administrative expenses 33.46 37.69 -4.23 -11.22% 8.23% 11.50% Add back of other expense -4.80 0.00 -4.80 N.A -1.18% 0.00% Financial cost 36.91 30.93 5.98 19.33% Corporate income

, professional fees in relation to M&A activity, sales & marketing expenses for the launch of new residential projects, write-off/impairment of asset, one-time income/expense, etc. Page 3 of 7 Management

) -1.1% (7.13) -0.9% -18.8% -35.9% Profit before income tax expenses 163.57 19.7% 165.18 20.5% 162.32 20.8% -1.7% -0.8% Income tax expense (18.98) -2.3% (20.28) -2.5% (18.59) -2.4% -8.3% -2.1% Net profit

. Adminstrative expenses On Q3/2019, the Group’s administrative expense totaling of Baht 18.97 Million, increased by Baht 2.21 Million, or 13.21% compared with Q3/2018 which has administrative expense totaling of

staff, depreciations, kitchen utensils and space usage expense of production unit. Major part of cost of sales is raw materials. 137 105 Q1/20 Q1/21 62.6% 58.7% Gross Profit Gross Profit Margin • Gross

because in Q3-2020, an allowance for expected credit losses on long-term receivables was recorded and there was also a directors' bonuses expense, which has been approved at the shareholders' meeting on

the new projects, b) repayment of debts, and c) working capital. (NWR188A) Interest expense of debentures NWR188A for the year 2017 was Baht 67.5 million. On August 28, 2017, the debentures issued on

unchanged. This makes the expense of the same. Please be acknowledged for your information Yours Sincerely (Mr.Wanthana Jaroennawarat) Director

1,035.2 million of Q1/2017 or equivalent to 9.36%. Our major expense was costs of goods sold, a decrease of Baht 107.1 million from Baht 1,001.1 million of Q1/2017 to be Baht 893.9 million in Q1/2018 or

, representing the net profit margins of 5.74% as a result of the gradually risen in sales since late 1Q18 couple with the increase in operating expense. Notwithstanding, the Company highly focuses and