Baht 8.13 Million or increased 41.70% when compared to the same period of 2016. The mainly increasing reasons were the quantity of sale and the export expenses. 4. Administrative expenses was Baht 26.81

sales due to raw material used decreased by can push increased price of paper to customers. - Selling and administrative expenses of Q2/2016 was 10.97 percent of sale, decreased to 9.92 percent in Q2/2017

1,811.36 Selling & Administrative Expense 130.49 129.01 Finance Costs 23.25 23.21 Net Profit 125.97 (0.57) Earnings per share (Baht) 0.315 (0.002) The comparison between Second Quarter of 2016 and 2015 1

0.51 0.39 o.12 30.86 TM Revenue 39.38 39.55 29.71 9.84 33.13 Costs of Sales (27.78) (27.84) (20.82) 7.02 33.74 Selling Expenses {2.7e) (2.7e) Q.67) o.12 4.62 Administrative Expenses (3.83) (3.82) (3.34

of revenue. The Company’s gross profit is Baht 11.49 million or 9.14%. 3. The total administrative expense is Baht 26.57 million. When compared to the administrative expense in 2016, the total

-37.78% Total Income 936.78 100.00% 537.52 100.0% 399.26 74.28% Expense Cost of sales 746.55 79.69% 326.94 60.8% 419.61 128.34% Selling expenses 51.52 5.50% 57.61 10.7% -6.09 -10.57% Administrative

Sales and Administrative Expenses The Company and its subsidiaries' selling expenses amounting to THB 49.11 million, increased of THB 9.65 million, or 24.45 percent from Q3/2016. The major reason is the

) (2.65) 0.21 7.87 Administrative Expenses (3.55) (3.55) (3.04) 0.51 16.68 Total Expenses (36.89) (36.31) (30.19) 6.12 20.28 Profit before share profit from investment in joint venture, financial costs and

7.87 Administrative Expenses (3.55) (3.04) 0.51 16.68 (3.55) (3.04) 0.51 16.68 Total Expenses (36.89) (30.19) 6.70 22.18 (36.31) (30.19) 6.12 20.28 Profit before share profit from investment in joint

1,754.53 Selling & Administrative Expense 118.44 120.99 Finance Costs 22.11 24.28 Net Profit 92.01 36.55 Earnings per share (Baht) 0.230 0.092 The comparison between third Quarter of 2017 and 2016 1. Sales