as leases according to TAS 17 Leases, and depreciation expense during the period amounting of 40.37 Million Baht. Net effect of PPE was increased of 43.96 Million Baht from the last year. - Withholding

million or 7%, mainly due to an increase in cost of real estate sold which varied with an increase in revenue from sales of real estate. Page 3 of 4 IV Expense (Unit: Million Baht) Second quarter 6-month

) Expense Quarter 2/2020 company and its subsidiaries has total expenses of 607.05 Million Baht as 227.63 Million Baht decreased from same period of year 2019 which has total expenses of 834.68 Million Baht

% with net interest income increased by 9.4% driven by lower interest expense from continuous cost management while non-interest income decreased by 26.9% from the slowdown in economic activities

Baht 189.16 million and Baht 186.97 million, accordingly. Gross profit slightly increased by Baht 2.19 million or 1.17 percent. Selling and Administrative Expense (12 months) Selling and administrative

1,465.28 -20.76% (212.59) (127.81) 46.99 -180.42% Selling and Administrative Expenses 88.19 102.45 102.45 -13.93% (300.77) (230.27) (55.46) 127.12% Non-operating income/expense 303.87 249.95 243.49 22.14

% Selling and Administrative Expenses 88.19 102.45 102.45 -13.92% (300.78) (230.26) (55.46) 127.14% Non-operating income/expense 303.87 249.95 243.49 22.15% (Gain)/Loss from sales investment in subsidiary

Costs 0.22 0.22 0.10 0.12 Share of profit (loss) of associates 0.05 0.05 (0.06) (0.07) Profit Before Income Tax Expenses 18.90 19.19 1.88 2.20 Income Tax Expense 4.17 4.22 0.68 0.80 Net Profit for the

amount increases were mainly driven by the rise in personnel expenses, rental cost, utility cost, merchant fees, maintenance cost, and marketing expense. However, SG&A as a percentage of sales has

in the gross profit margin that expanded from 15.3% in the third quarter of 2018 to 16.4% in the third quarter of 2019 and more efficient cost management that caused selling and administrative expense