sale weight and selling price. In addition, there is a one-time expense for big maintenance of forming machines for the purpose to use them in long-term. As a result, gross profit decreased in the

2019 Change % Change Revenue from sales & service 411.58 719.81 -308.23 -42.8% Other income 5.01 5.57 -0.56 -10.1% Total revenue 416.59 725.38 -308.79 -42.6% Cost of goods sold & service 383.13 638.35

1,465.51 -535.02 -36.5% Other income 3.28 4.68 -1.60 -34.2% 8.14 9.94 -1.80 -18.1% Total revenue 522.19 750.37 -228.18 -30.4% 938.63 1,475.45 -536.82 -36.4% Cost of goods sold & service 454.43 658.94 -204.51

from sales & service 719.81 853.77 -133.96 -15.7% Other income 5.57 6.29 -0.72 -11.4% Total revenue 725.38 860.06 -134.68 -15.7% Cost of goods sold & service 638.35 743.25 -104.90 -14.1% Selling expenses

from hotel business with maintaining flat cost of sales and services together with increase in Other Income, contributed by the gain on sales of long-term investments. This resulted in a 31.0% yoy

, leading to the company optimally determined retail price correspondingly to product cost. However, during this quarter, Inventory Loss was recorded at THB 591 million [including losses on inventories

target group to attract the trials for future sales and cost reductions particularly in redundant procedures to deliver appropriate rate of return on sales. ICUK also continued to bear fruit from

growth through priority channels, strong push of product sampling experiences among the target group to attract the trials for future sales and cost reductions particularly in redundant procedures to

building supply growth, digitisation of billboards and the increasing popularity of low cost airlines. Our OOH media form a symbiosis with our nascent Digital services business, which offers targeted and

& ANALYSIS CONSOLIDATED P&L SNAPSHOT THB (mn) 2Q 2017/18 1Q 2018/19 2Q 2018/19 QoQ (%) YoY (%) Operating revenue 978 1,077 1,208 12.2% 23.5% Cost of sales 387 392 537 37.1% 38.7% Gross profit 591 685 670 -2.1