operating expenses 731.4 686.4 45.0 6.6 Bad debts, doubtful accounts and impairment loss 100.0 330.0 (230.0) (69.7) Income tax expenses 138.6 154.8 (16.2) (10.5) Profits before bad debts and doubtful accounts

79.29 89.40 79.11 24.05 36.80 Gross profit 17.07 20.71 23.61 20.89 6.54 38.31 Other income 1.86 2.26 0.96 0.85 (0.90) (48.39) Profit before expenses, finance cost and taxes 18.93 22.97 24.57 21.74 5.64

increased 7.31%, it increased in portion of increasing revenue but expenses were at the same level as last year and finance cost decreased 14.18% from last year from liability decreased too. The Company had

year amount of THB 9.01 million or 7.87 per cent. As the Company has a policy to control costs substantially. (2) The administrative expenses of the Consolidated Financial Statement amount of THB 49.87

million) made production cost higher; - SG&A including Interest expenses higher Baht 17.4 million Y-O-Y mainly from one-time extra expense for employee benefits amount Baht 17.4 million (partially out of

- 2019 Balance by Quarter Change Q2–19 Q1–19 Q2–18 Q2–19 VS Q1–19 Q2–19 VS Q2–18 (Million Baht: MB) (MB) % (MB) % Total Revenue 1,730.1 1,266.8 1,029.9 463.3 36.6 700.2 68.0 Total Operating Expenses

% 129.72 39.17 Expenses of sales 9.13 1.70% 12.69 2.96% -3.56 -28.04 Expenses of management 69.87 12.99% 48.24 11.24% 21.63 44.85 Expenses of financial 0.36 0.07% 0 0% 0.36 100 Expenses of tax income 1.83

total sales. While, the cost of sales in Q2/2018 was 346,016,951.10 Baht, representing 86.11 % of total sales. Also, the selling and administrative expenses in Q2/2019 increased 5,252,996.83, or 15.39

margin (exclude non-recurring cost) 30% 28% 2% 33% 31% 3% Administrative expenses before adj. 41.45 40.84 2% 83.09 88.68 -6% Adj. staff benefit 2.19 - 2.19 - Adj. previous year SW income 20.31 10.66 90

. 2. The Consolidate administrative expenses in an amount of THB 49.50 million, compares to the same quarter of 2018 an increase of THB 15.89 million or 47.27 per cent. Majority caused by the offering