% compared to 2018, which the gross profit was THB 1,004.84 million or 38.17% of the total revenue from operations. Mainly increased due to the increase in sales of main product categories, resulting in the

main product categories, resulting in the increase in gross profit of Food Coating for THB 15.14 million and Flavor & Fragrance for THB 63.86 million. 2. GROSS PROFIT FROM HOTEL OPERATIONS In 2019, the

services in local and overseas markets. W ith the acquisition of TigerSoft, the Company is able to expand its business to hardware, such as clock devices to deliver bundled solution to clients together

) (50.42) 2) A change of main raw materials price The effect from copper usage was about 1.2 % on product sales price in 1Q19. Table 2: Raw material prices and purchased volume 1Q 2019 4Q 2018 Q-o-Q Effect

demand for HR technology and services in local and overseas markets. Financial Solutions Revenue from Financial Solutions contributed 20.52mb (Q1 2018: 23.53mb), 3.01mb or 12.8% lesser than the same period

€11.11 (0.9) (2.93) 37.7985 €11.59 (7.3) (26.65) CNY 4.5509 ¥8.47 4.5919 ¥8.79 (0.9) (0.35) 4.8923 ¥11.48 (7.0) (2.89) Total effect (1.56) (45.64) 2) A change of main raw materials price Table 2: Raw

or 6.3% . This increase is in line with our expectations of the demand for HR technology and services in local and overseas markets. Due to the strengthening of Thai Baht, the contribution from our

6.3% . This increase is in line with our expectations of the demand for HR technology and services in local and overseas markets. Due to the strengthening of Thai Baht, the contribution from our

¥8.47 (6.2) (2.22) 4.7274 ¥10.30 (9.7) (3.60) Total effect (84.03) (214.89) 2) A change of main raw materials price Table 2: Raw material prices and purchased volume 3Q 2019 2Q 2019 Q-o-Q Effect 3Q 2018 Y

2018: 298.29mb) , increasing by 53.07mb or 17.8% . This increase is mainly due to taking in the result of TigerSoft, as well as, organic growth of existing business in HR technology and services in local