% Finance costs (34.1) (35.7) (36.1) (35.5) (0.6) (1.7%) (106.3) (141.4) 35.1 33.0% Profit before income tax 388.9 388.3 446.0 384.7 (61.3) (13.7%) 1,550.2 1,607.9 57.7 3.7% Tax income (expenses) (28.6) (21.8

49.34 17.69% Finance cost 49.11 68.10 18.99 38.67% Income tax expenses 48.04 57.52 9.48 19.73% Net profit 181.71 202.58 20.87 11.49% Net profit ratio (ROS) 17.16% 15.74% Earnings per share (Baht) 0.34

% Finance cost 18.41 36.80 18.39 99.89% Income tax expenses 22.21 28.27 6.06 27.29% Net profit 80.50 95.26 14.76 18.34% Net profit ratio (ROS) 18.98% 20.67% Earnings per share (Baht) 0.13 0.16 0.03 23.08

) Other Income Other income for Q3/2019 was amounted 3.9 million baht, decreased 0.4 million baht or 9.3 percent compared with Q3/2018. (6) Selling and Administrative Expenses Selling and administrative

income 4.1 6.1 -32.5% Cost of sales - 159.6 - 150.9 -5.8% Selling expenses - 4.5 - 5.6 19.8% Administrative expenses - 7.2 - 6.6 -9.4% Finance costs - 3.0 - 0.7 -298.0% Profit for the period 2.4 11.9 -79.9

large portion of fixed costs. Some of which increased from the previous year, especially the labor cost and bonus with annual adjustments, and depreciation increasing slightly due to new machines

cost such as marketing expenses considering unfavorable market conditions, significant decline in revenue, only a marginal decrease in some type of fixed cost such as land rental fee and depreciation

Public Company Limited Interim Management Discussion and Analysis for the 1st Quarter 2018 Page 4 of 11 Selling General and Administrative Expenses The consolidated SG&A expenses in 1Q2018 equaled to THB

- Loss on impairment of machineries 23,543 - +100.00 - Finance Costs 5,038 8,705 -42.1 Total Expenses 332,892 342,077 -2.7 Gain (loss) before loss on investments in associates and income tax expenses

of 2017, or up to 39.97%. Total operating expenses were included employee benefit expenses, fee and service expenses, financial costs and other expenses.