Million or 10.57 percent compared to year 2014, due to the Company and its subsidiaries had the advertising expenses and sale promotions decreased comparing to year 2014. The specific business tax and

decreased by Baht 2.6 million, mainly due to decrease of transportation expenses, advertising and promotion expenses. 4) Financial cost in quarter 3/2017 of Baht 2.2 million, same as the quarter 3/2016. 5

2018 decreased by 17% compared to the same period of 2017. The main reasons is from economic slowdown which affected advertising revenue decreased by 15% and circulation revenues decreased by 26%. 2

baht in Q1/2017 due to the increase of advertising and sales promotion especially in foreign market. - Administrative Expenses in Q1/2018 amounted 153.96 million baht increased by 11.39 million baht or

% compared to 89.35 million baht in Q2/2017 due to the increase of unit transfer and advertising &sales promotion especially in foreign market. - Administrative Expenses in Q2/2018 amounted 167.01 million baht

, transfer fee and decrease in advertising costs. The Company and its subsidiaries' administrative expenses amounting to Baht 35.77 million decreased of Baht 5.28 million, or 12.85 percent. Financial Costs The

baht increased by 181.29 million baht or 162.91% compared to 111.28 million baht in Q3/2017 due to the increase of unit transfer and advertising & sales promotions especially in foreign market

advertising expenses such as television media, and online medias etc. Altogether is an increase of approximately 8.02 million baht and also an increase in salary increment and incentive which is approximately

same period of 2018. The main reasons is from consumers have change behavior which affected circulation revenue decreased by 24% and advertising revenues decreased by 1%, the Group has terminated the

compared with the same interval of last year, resulted from the Company sold investment in a subsidiary (S.Thana Media Company Limited) who provides service for rent and advertising production since August