rate was 9.6. This is because in Q3-2023, the Company had a significantly lower gross profit margin than Q3-2022, net of reserves recorded in Q3-2022. The Company recorded an allowance for expected

. However, selling and administrative expenses (including research and development R&D) to sales ratio is down from 15.2% in the same quarter last year to 13.7% in this quarter due to the lower selling

Baht which was lower than the same period last year 30% due to the reduction of rental and service revenues. Service and Administrative Expenses The Company had service and administrative expenses for

revenue respectively, decreasing for compare to the same period amount THB 89.1 MB, equivalent to 67.7% of net profit. The reason for this decrease in net profit is due to the lower gross profit as the cost

, accounted for 39 percent of the Company’s total sales, representing an increase by 4.6 percent as compared to that of the previous year, but lower than forecast. This was due to the fact that the Company was

. However, the percentage of selling and administrative expenses to revenue was 20.8% for this year, which was lower than 22. 9% of the previous year. Besides, the Company recorded a higher depreciation

as following; Rental and Services Income and Other Income Rental and Service income for 2018 was 628.7 million baht lower than 2017 of 79.3 million baht This was because revenues from ITJ decrease from

business gross margin represent 60.3 percent lower than the same period last year. Administrative Expenses The Company had administrative expenses for the 3rd quarter of 2019 equal to 104.3 million baht

0.63 MB, equivalent to 0.4% of total revenue from sales. The Company has a lower gross margin comparing to the same period from 12.3% to 7.5% because the company is not able to increase the selling price

of sales for each product group. In addition, the Baht appreciation affected to lower in cost but it’s not material. Gross profit margin more than the same period of last year by Baht 65.63 million