million respectively, the Company was able to control overall expenses which decreased from the same quarter of last year by Baht 36.62 million. The result from insurance operation for six-months, the

expenses from the Early Retirement Project, resulting in lower gross profit margin of 21.37% .../2 Translation - 2 - 3. The company had loss before income tax of Baht 245.69 million, compared to the profit

% (3.4%) Other income - 1 (1) Selling & Admin expenses 29 27 2 7% 6.2% 7.0% Expense from delayed project 57 (57) Finance costs 13 14 (1) -7% Income tax expense 3 (1) 4 Profit for the quarter 9 (109) 118

% (25.36) (13.74%) 468.48 4.16% 431.02 4.17% (37.46) (8.00%) Administrative expenses 90.77 2.53% 88.27 2.46% (2.50) (2.76%) 266.44 2.37% 267.35 2.59% 0.91 0.34% Profit from operating activities 26.23 0.73

expenses amount 22.94 million baht increase 1.94 million baht mainly of living expenses subsidy for company personnel in the amount of 0.72 million and legal consultation fees and court fees in the amount of

100.00% 111.56 3.23% Distribution costs 140.16 4.05% 159.58 4.47% 19.42 13.86% Administrative expenses 88.53 2.56% 105.99 2.97% 17.45 19.72% Profit from operating activities 64.65 1.87% 69.66 1.95% 5.01

SEC researcher, described in presenting ?Mutual Fund Fees & Performance? that the mutual fund fees and expenses may substantially affect the value of investors? portfolio, especially those with long

เช่น กำไรที่ยังไม่เกิดขึ้นจากการประเมินค่าหรือการสอบทานการประเมินค่าอสังหาริมทรัพย์หรือสิทธิการเช่าอสังหาริมทรัพย์ (unrealized gain)1.2 รายการที่เป็น non-cash expenses เช่น ขาดทุนที่ยัง

production cost and selling expenses. (2) Analysis of Operating Results and Profitability (2.1) Revenues from Sales and Services Description Year 2017 Year 2016 Increase / (Decrease) Million Baht % of Total

increase in product sales volume of 8.15 percent and increase in raw material cost, salary and benefits of the employees, gas expenses and repair and maintenance expenses. Cost of services was Baht 216.88