100.0% 88.24 20.8% Cost of sa les (271.69) -53.1% (249.07) -58.8% 22.62 9.1% Gross profit 240.44 46.9% 174.81 41.2% 65.63 37.5% Other income 3.51 0.7% 2.29 0.5% 1.22 53.3% Distribution costs (102.59

, the company manages sale mix of each product categories efficiently at both sale at branch and at event Jubilee 90th Anniversary Thank you Sale, also the appreciation of Baht at the end of 2nd quarter

from overseas sales resulting from Thai Baht appreciation against 3 major currencies (USD, EUR, and AUD) as main revenue structure. Cost of sales, cost of distributions and Administrative Expenses: For

Overview In the year 2017, the overall picture of the apparel industry remained stable in line with the Thai and global economy. The sale of goods to foreign countries has been affected by the appreciation

Baht appreciation, affected to production competitiveness that manufacturers made decision to shift production base or import materials from foreign. Similarly, private investment sector and employment

global economy volatility impacted to Thai Baht appreciation against major currencies, i.e. USD, have had negative effect to the export business while the importer took this opportunity importing products

selling and administrative expenses 114,629 96,763 17,866 18.5 113,022 94,348 18,674 19.8 Selling and distribution expenses 27,060 25,061 1,999 8.0 24,468 22,708 1,760 7.8 Administrative expenses 44,206

weaker from protectionist trade policies between US and China and effect of Baht appreciation, which affected to export sector and industrial sector, especially in electronic components manufacturing

price competition and sale volume as well as Baht appreciation which leads to slow down in exporting thus revenue from sales of electricity and thermal energy declined due to shut down of machine for

respectively, an increase in total other income amount THB 17.2 MB, which mostly increased from foreign exchange gains due to the baht appreciation. The Company has a policy to manage foreign exchange risk by