year amount of THB 9.01 million or 7.87 per cent. As the Company has a policy to control costs substantially. (2) The administrative expenses of the Consolidated Financial Statement amount of THB 49.87

million) made production cost higher; - SG&A including Interest expenses higher Baht 17.4 million Y-O-Y mainly from one-time extra expense for employee benefits amount Baht 17.4 million (partially out of

- 2019 Balance by Quarter Change Q2–19 Q1–19 Q2–18 Q2–19 VS Q1–19 Q2–19 VS Q2–18 (Million Baht: MB) (MB) % (MB) % Total Revenue 1,730.1 1,266.8 1,029.9 463.3 36.6 700.2 68.0 Total Operating Expenses

% 129.72 39.17 Expenses of sales 9.13 1.70% 12.69 2.96% -3.56 -28.04 Expenses of management 69.87 12.99% 48.24 11.24% 21.63 44.85 Expenses of financial 0.36 0.07% 0 0% 0.36 100 Expenses of tax income 1.83

total sales. While, the cost of sales in Q2/2018 was 346,016,951.10 Baht, representing 86.11 % of total sales. Also, the selling and administrative expenses in Q2/2019 increased 5,252,996.83, or 15.39

margin (exclude non-recurring cost) 30% 28% 2% 33% 31% 3% Administrative expenses before adj. 41.45 40.84 2% 83.09 88.68 -6% Adj. staff benefit 2.19 - 2.19 - Adj. previous year SW income 20.31 10.66 90

. 2. The Consolidate administrative expenses in an amount of THB 49.50 million, compares to the same quarter of 2018 an increase of THB 15.89 million or 47.27 per cent. Majority caused by the offering

251.9 million baht the same period last year, decreased 85.1 million baht or 33.8 percent from adjusting production cost of Post Today and M2F newspapers. Consolidated selling expenses for the second

Expenses For 6 month period of 2019, such expenses are THB 63.78 million which increases from that of year 2018 by THB 18.41 million. An increasing of 40.58 percent compared to last year PAE (Thailand

expenses more than TH 10 million also enhance its debt service ability. Above all, UWC mitigated risk from carrying successive losses of overall performance of Power Plant business caused by less productive