of Baht 1,888.56 million, which increased from the year 2017 by Baht 276.08 million or 17.12% due to the fixed cost on salaries for the production that was not able to occupy full capacity, the

The Gross Profit margin was 3 percentage points lower at 8% in Q119 up from Q118 at 11% due to higher higher labour costs 1%, higher depreciation 1%, higher salaries expenses 1% . Page 1 of 3 Operating

percentage point lower at 13% in Q219 down from Q218 at 14% due to higher higher labour and salaries expenses 1% . Page 1 of 3 Operating Profit Analysis Year‐on‐year operating profits, were 18% lower at THB

 [‐4%] and higher salaries expense [‐1%]. Page 1 of 3 Operating Profit Analysis Year‐on‐year operating profits were 40% lower at THB 355m in Q118 compared to THB 588m in Q117.  The Operating margin was 7

place in this period. Meanwhile, personnel expenses like salaries and bonuses, etc., went up by Baht 1.74 million in line with annual salary increment and accrual of bonuses in line with improving

.  Operating margin was 1 percentage point lower at 9% in Q218 down from 10% in Q217. SG&A expenses were 3% higher in Q218 to Q217 due to higher salaries expenses.  R&D expenses were THB 15m in Q218. SG&A

commission on the sale in the industrial estate project. 2.3 Administrative Expenses of Baht 53.89 Million. The items are usually staff salaries and fees related to the operation of industrial estate projects

sales revenue [-2%], stronger THB/USD exchange rate [-2%], change in product mix [-1%] and higher labour and salaries expenses [-1%] . Page 1 of 3 Operating Profit Analysis Year-on-year operating profits

/2019 (3.43%). • The selling expenses of Q1/2020 is much lower due to cutting of unnecessary expenses. However, the administration expenses are almost unchanged because of fixed expenses such as salaries

increase of minimum wages and the employment due to the branch expansion, as well as the increase of the rents of the existing branches and new branches. Net Profit In the Quarter 2 of 2017, the Company and