higher sales volume and selling price of shrimp feed. Revenue from feed segment for 6M2018 was THB 1,465.08 million, dropped by THB 215.64 million or 12.83% down as compared to 6M2017 mainly from the

419.53 415.01 4.52 1.09% 878.63 865.58 13.05 1.51% Gross profit 281.52 280.45 1.07 0.38% 630.12 547.24 82.87 15.14% Other Income - 0.20 -0.20 -100.00% 7.83 2.73 5.10 186.94% Selling expenses 38.23 46.21

in Q2/2021 and 1H/2021 were THB 33 million and THB 90 million, respectively, increased by 22% from Q2/2020 and 5% from 1H/2020 as the rental discount during 2021 was deducted from selling expenses

income 21.16 0.27% 6.55 0.10% 14.61 223.05% Selling and administrative expenses 107.85 1.40% 108.93 1.69% (1.08) -0.99% Profit from operations (43.44) -0.56% 438.99 6.83% (482.43) -109.90% EBITDA 73.00

selling expenses from multiple new products launch; and higher finance costs due to higher borrowings as a result of previous investments in machinery, subsidiaries, and joint ventures.  If considering

, (%) 26.0% 30.0% 34.9% Selling &Administration 1,804.3 1,817.6 1,694.9 Net Profit 2,014.9 2,544.5 -20.8% 3,038.7 -16.3% 14.4% 17.9% 22.0% The year 2018 continued to be a challenging year for KCE when

market share in the economic slowdown. When comparing the sale volume to the same period in 2018, decreased 0.9%. The company is not able to increase the selling price in the current economic conditions

. % Mio. % Mio. % Subsidiary Profit before Expenses 185.1 20.2% 241.1 26.0% 56.0 30.3% Selling Expenses 96.5 10.5% 107.6 11.6% 11.1 11.5% Administrative Expenses 65 7.1% 88.4 9.5% 23.4 36.0% EBIT 23.6 2.6

the price of raw material which was the main cost of sales of the Group. Selling Expenses Selling expenses mainly consist of salary for the café’s staff, space and equipment rental expenses at each

% Cost of sales and services 159.63 68.5% 135.06 67.9% 24.57 18.19% Gross profit 73.54 31.5% 63.78 32.1% 9.76 15.30% SG&A 44.75 19.2% 42.42 21.3% 2.33 5.50% Selling expenses 27.81 11.9% 20.75 10.4% 7.06