sales costs equaled 160.8 million baht and the sales costs for 2016 equaled 154.7 million baht for percentages of 88.89 and 90.47, respectively. As a result, the Company made a gross profit of 20.1

services decreased 11% in line with the decrease in revenue from sales and services.  Distribution costs and administrative expenses decreased by 19% due as a result of recognizing the provision of Baht

and collection of adjoining land from external parties to ensure that the land is large enough to construct the intended office, as a result, the Executive Board’s Meeting No. 13/2017, held on October

separated financial statement as at 30 September 2017 respectively. However, as a result of the exchange rate fluctuation, the Company lost from this transaction in sum of Baht 44,000,000 and Baht 40,000,000

buyer to purchase shares of Myanmar SPA-Today-Far East Company Limited and as a result of the restructuring of the Company’s operations to achieve more flexibility and efficiency. (10) General description

year by approximately 28.64 Million Baht 46.31% As a result of made marketing at targeted and customers interested more. Cost of Sales For financial statement in Year 2017, the cost of sales was recorded

(Translation) NEP-AC 001/2018 22 February 2018 Subject : Management Discussion and Analysis for the year ended 31 December 2017 To : The President The Stock Exchange of Thailand Operating Result NEP

จดหมายชี้แจงปี60e February 22, 2018 The Managing Director The Stock Exchange of Thailand Subject : Management Discussion and Analysis Ending 31 December 2017 Summary of operating result between 2017

which was audited by the auditor. 5) Resolved to propose the Annual Ordinary General Meeting of Shareholders to consider and approve the appropriation of profit from the operating result of 2017 in the

in 2017 increased 39 MB or 153% as a result of bad debt recovery 14.9 MB, Interest income 2.87 MB, Employee benefit obligation was 19.59 MB and disposal asset income become 1.7 MB. 1.4) Selling expense