multiple assets and shift to safe- haven liquid assets, especially the US Dollar, which strengthened at the end of the quarter. Overall, the Thai Baht weakened against the greenback compared to the previous

earned primarily from promotional, advertising income and logistics and distribution income, income earned from one-off events, etc. (2) Percentage margin is calculated by dividing Gross profit from sales

that towards the end of the year and into 2021 demand should increase. In other segments, disruption in cross border logistics is the key concern and once mitigation efforts are in place we should return

application called the ECOLIFE. The project received active participation from various organizations: sponsors for logistics system, recycling/upcycling companies, brand owners with strong policy on the

structural shift in its Feedstock, PET and Fibers segments. After several years of oversupply, industry fundamentals are turning positive. Improvement in domestic consumption for polyster products in China

-6.3% 1.5% SSSG of Hardline segment -4.4% -0.1% SSSG of Food segment 1.1% 2.2% (1) Other income comprises revenue earned primarily from promotional, advertising income and logistics and distribution

% 0.3% SSSG of Hardline segment -4.5% -2.6% SSSG of Food segment 1.5% 1.0% (1) Other income comprises revenue earned primarily from promotional, advertising income and logistics and distribution income

the overall headcount, savings in logistics costs and certain reclassification in SG&A versus COGS compared with last year, have all helped to reduce SG&A costs by 6% compared to the same quarter last

บริษัท เอน็ซีแอล อนิเตอรเ์นช่ันแนล โลจสิตกิส ์จ ำกัด (มหำชน) NCL INTERNATIONAL LOGISTICS PUBLIC COMPANY LIMITED ที่ NCL-M 03/63 วนัท่ี 27 กมุภาพนัธ ์2563 เรือ่ง ค าอธิบายและวิเคราะห์ของฝ่ายจัดการของ

บาท คิดเป็นร้อยละ 13.50 เนื่องจากในปีนี้มีการ รับรู้รายได้ค่าใช้จ่าย WICE Logistics (Shenzhen) Co.,Ltd. ซึ่งเป็นสัดส่วนที่สอดคล้องไม่แตกต่างไปจากเดิม โดยค่าใช้จ่ายในการ บริหารเมื่อเทียบกับรายได้อยู่ที่