of mainly indirect staff cost, office rental and depreciation & amortization. The increase in SG&A is mainly attributed to the write off of 16.97 mb of accrued work-in-progress resulting from

THB 8.3 MB, most of which decreased from staff expenses. And the additional financial cost of THB 4.3 MB, mainly from the interest of trust receipts from the purchase of raw materials. The Company

120.70mb ( 2018: 97.62mb) , increased by 23.08mb or 23.6% . SG&A consists of mainly indirect staff costs, office rental and depreciation & amortization. The increase in SG&A is mainly attributed to the

declared as the “Year of Shift”. It is the opportunity for the organization, high-ranking executives and staff to revise the business model in order for the organization to achieve stable growth and the goal

SET LETTER Q2-2017 -1- Ref. POL. 103/2017 August 15, 2017 Re: Clarification of the Performance of S & P Syndicate Public Company Limited Dear The President The Stock Exchange of Thailand S & P

period of previous year amount to Baht 2.39 million, increase Baht 0.24 million or increase 10.03%, this is due to the company has added sales staff for new product. 4. Administrative expenses In Q3/2017

to an incre s, the detai e Income an e income a than the 3rd income an 16 of 33.7% ing the 3rd q d and bever Service Inc urred rental e 3rd quarter is, Q3/2017 Discussion a hange of Th c Company

period to an incre s, the detai e Income an e income a than the 3rd income an 16 of 33.7% ing the 3rd q d and bever Service Inc urred rental e 3rd quarter is, Q3/2017 Discussion a hange of Th c Company

service of Baht 10. 93 million, whereas revenue from solar energy began to recognize in 2017 amounted to Baht 94.62 million. Nonetheless, the group’ s operating profit margin has increased because 1

costs ranging from energy cost, depreciation and amortization and staff costs; therefore, gross profit of branded products by own manufacture reduced from the corresponding period last year i.e. gross