. 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

average, lower than those of the domestic market. The company has the distribution costs for the year 2019 in total of 768.1 million Baht or equal to 14.6 percent of sales revenue increased by 2.2 percent

doubtful THB 20.9 million but reverse allowance for doubtful THB 4.1 million in 2019. Thus, net profit and net profit margin in 2018 seemed lower 2019 significantly. • As of YE 2019 and 2018, Cash and Cash

to 0 . 2 5 million baht, a decrease of 0 . 1 7 million baht or 6 8 percent from the same period of last year. The contract expires, resulting in lower interest expenses. Income tax expense for the

897.9 million in Q2/2017 or 3.39% decreased from last year’s which was lower than the sales falling rate resulting from the downward gross profit margin of Q2/2017. The gross profit in Q2/2017 was

 expenses were 10% higher in Q217 than in Q216 due to higher salary expenses. SG&A expenses in Q217 were 3% lower than Q117. Foreign Exchange Rates Each week's sales and purchases are booked based on the