from the cost of sales for 15 million baht, which is the selling expenses of LPG and oil business and administrative expenses of 124 million baht, mainly due to staff expenses utilities and audit fees

of new staff hire for the distress debt expansion and commission paid. However, the percentage of cost of services to revenues was declined significantly. This was because the enhancement of efficiency

2,528.2 Gross margin, % 27.84% 25.84% 30.99% SG & A 471.4 466.2 484.6 Operating Profit* 527.1 409.9 +28.6% 616.0 -14.4% Net Profit per F/S 558.0 516.7 +8.0% 672.3 -17.0% 15.31% 15.02% 18.35% [Remark

10.67 million or 14.79% as compared to 1H17. Such decrease was due to a decrease in staff costs, a. reclassification of fixed costs at the new factory which incurred as a result of lower-than-normal

as follows: Q-O-Q Change Increase/(Decrease) Q2/2017 Q2/2018 Selling expenses 3.5 5.4 54.3% Mainly caused from the staff costs increase. Administrative 10.3 10.7 3.9% expenses Total selling and

commission on the sale in the industrial estate project. 2.3 Administrative Expenses of Baht 53.89 Million. The items are usually staff salaries and fees related to the operation of industrial estate projects

in Q3/2017 and Q3/2018 respectively, A decrease in total revenue 31.0% and can be summarized as following: Sales 255.2 171.9 -32.6% The sales volume decreases as steel domestic 's consumption was

reversal of such transaction of Baht 4.0 million in 2019. And there was an increase in total staff expenses of Baht 8.4 million in 2019. The interest expenses in 2019 was Baht 11.7 million, or 2.14

reduced expenses are expenses related to staff expenses. Marketing expenses reduced from the administration during the closing of Lock Down. Assets As of 30 June 2020, the Company has total assets 3,101.4

distributes Pre- zinc structural steel pipe under the Company’s brand “ZIGA” and electrical conduit under the Company’ s brand “DAIWA”. They are innovative substitute products for hot-dip galvanized product or