value of Hero Experience which evaluated by the SIMS Property Consultants Co., Ltd. appointed by the Company, the independent valuer which is approved by the Securities and Exchange Commission that it

which is higher than the par value is due to the fact that the Company has considered the value of Hero Experience which evaluated by the independent valuer, the Sims Property Consultant Co., Ltd., the

is reasonable The Company had no independent appraisers to evaluate the price. The evaluated price of the land office as at October 9, 2017 is adopted to be the regulation for evaluating the comparison

Company has considered the value of Hero Experience which evaluated by the independent valuer, the Sims Property Consultant Co., Ltd., the independent valuer which is approved by the Securities and บมจ

จดัการขนส่งสินค้า (Freight) 22,118,455 21,101,376 18,303,217 รายได้อื่น 258,887 61,456 253,280 รายได้รวม 22,377,342 21,162,832 18,556,497 ต้นทุนการให้บริการรับจดัการขนส่งสินค้า 15,018,083 14,209,267

products and content to cater to market trends and to spur higher Average Order Value (AOV) and improve sales • Renegotiated new freight prices through alternate supplier and packing optimization resulting

market trends and to spur higher Average Order Value (AOV) and improve sales  Renegotiated new freight prices through alternate supplier and packing optimization resulting in significant initial savings

Administrative Expenses The consolidated SG&A expenses in 1Q2020 equaled to THB 330.85 million, decreased by THB 3.22 million or 0.97% down from 1Q2019. The Consolidated SG&A expenses decreased since lower freight

consolidated SG&A expenses for 9M2019 was THB 998.74 million, increased by THB 9.20 million or 0.93% up as compared to 9M2018 mainly from higher freight cost from higher export volume. Share of Profit from

again since the quantity sold has been dropped in the 1st quarter of 2021. Selling Expenses The Company and its subsidiaries’ selling expense mostly consists of domestic freight (In-land). In the 1st