the year 2019 in an amounting of Baht (3.87) million or (10.39) percent. Mainly came from growth of revenue in last year while fixed cost still constant. 3.3 Administration expenses The Group's

cost structure products. Selling and Administration Expenses • Selling expenses to total revenue ratio rose by 0.28% YoY resulting primarily from decreasing in total revenue. • Administrative expenses to

/impairment of asset, etc. Administrative expenses in 2018 was 1,599 million Baht increased by 59% YoY mainly due to higher personnel expenses reflecting increased number of employees and administration of the

, MahaSamutr Country Club and Sports Club are currently in the process of infrastructure including interior and exterior decoration. Nimit Langsuan Project: The construction of Nimit Langsuan project is in the

the Vietnam market – the fastest growing country in Southeast Asia. Within the domestic market, MACO has strengthen its media portfolio by integrating media operations in Thailand with Plan B Media

Green Apple in 250ml can were already introduced into the country. Sales of 3rd party products for distribution were THB 1,409 million, increased by THB 389 million or 38.2%, showing a consecutive growth

รวม < 20% 20% - 50% 50% - 80% > 80% ตํ'า สูง หมายเหตุ: กองทนุรวมมีการลงทุนกระจกุตวัในหมวดอตุสาหกรรมธนาคาร - ความเสี'ยงจากการลงทุนกระจุกตัวในประเทศใดประเทศหนึ'ง (High Country Concentration Risk) การลงทนุ

% 20% - 50% 50% - 80% > 80% ตํ'า สูง หมายเหตุ: กองทนุรวมมีการลงทุนกระจกุตวัในหมวดอตุสาหกรรมธนาคาร - ความเสี'ยงจากการลงทุนกระจุกตัวในประเทศใดประเทศหนึ'ง (High Country Concentration Risk) การลงทนุกระจกุตวั

% > 80% ": ก ! ก! ก!$Uก" K"6 ก!! Information Technology *$ K"6 ก!! Industrial 48U! Uกก! ก!$Uก" K"6 ก!!K"6 ก!! Vกก 20% NAV ! ก 26/-83 @กก51ก5.@ก7B6; 5.I; 5.I

licensed to undertake the derivatives business by a regulatory agency on derivatives in a foreign country which is a member of the International Organization of Securities Commissions (IOSCO); (5) “ investor