in year 2017 the company had received an interest from short term investment Baht 1.0 million. 2. Cost of sale , Profit margin In year 2017 the company had cost of sale Baht 333.48 million compare with

274.61 3.60 248.48 14.49 532.97 549.51 -3.01 Cost of goods sold 152.47 154.23 -1.14 139.89 8.99 292.36 306.13 -4.50 Selling expenses and administrative expenses 124.74 115.04 8.43 111.29 12.08 236.03

Expense In passing 2017, the cost of goods sold was Baht 338.00 million or equivalent to 50.84% of total net sales that decreased from the same period of previous year 0.31% came from the sale of goods

% THB mm % Advertising and promotional expenses 83.54 86.04 54.86 68.25 (28.68) (34.33) Sales employee cost 8.09 8.33 17.08 21.25 8.99 111.12 Freight expenses 1.35 1.39 2.68 3.33 1.33 98.52 Others/1 4.12

17.53 4.25 21.71 8.41 4.18 23.84 Freight expenses 1.94 0.47 1.89 0.73 (0.05) (2.58) Others/1 26.99 6.55 65.33 25.30 38.34 142.05 Total cost of sales 412.35 100.00 258.25 100.00 (154.10) (37.37) Proportion

promotional expenses 236.74 90.01 174.47 87.01 (62.27) (26.30) Sales employee cost 12.75 4.85 16.69 8.32 3.94 30.90 Freight expenses 3.00 1.14 3.00 1.50 - - Others/1 10.52 4.00 6.35 3.17 (4.17) (39.64) Total

) Depreciation costs 13.14 4.11 15.32 8.49 2.18 16.59 Freight expenses 1.44 0.45 1.62 0.90 0.18 12.50 Others/1 17.44 5.46 38.36 21.27 20.93 120.08 Total cost of sales 319.38 100.00 180.38 100.00 (138.99) (43.52

increasing in cost of goods sold and selling expenses, (reflecting increase in sales eg. freight expenses). • Administrative expenses increase 80% mainly are from reserve of contingent losses of 17.5 million

as mentioned above and lower Gross Profit Margin from 36.1% in Q1/ 2019 to 35.1 % in Q1/2020 as a result of a higher related freight charges added to production costs; - SG&A including Interest

lower Gross Profit Margin from 34.9 % in Q2/2019 to 34.3 % in Q2/2020 resulting from a higher related freight charges added to production costs and an unfavorable product mix; - SG&A including Interest