15.07% due mainly to an decreasing of interest income. Selling expenses The Company booked selling expenses amounting to Baht 3.85 million and Baht 4.38 million for the year ended December 31, 2017 and

business recorded its GPM (loss) of Baht 19.9 million, increased of Baht 15.3 million from Year 2017 due to decreasing of pig finisher’s price in half year and increasing of feed cost. Selling and

(18.0) 93.0 38.1 144.3 Allowance for the decline in value of inventory 0.9 4.4 (80.0) 3.9 9.6 (59.6) Selling expenses 73.7 79.2 (7.0) 216.5 246.3 (12.1) Administrative expenses 38.0 36.9 3.1 142.5 111.6

29.41 million decreasing from last year 41.48%. 3) Selling expenses decreasing from last year amounting of Baht 3.66 million or 17.90% due to local transportation charge and local selling promotion

the sales of normal projects. 4. Expenses 4.1 Selling expenses In the first quarter 2019, the selling expenses at Baht 6.03 million, decreased Baht 1.72 million or 22.19% compared to 2018 because

% Total revenues 797.50 673.12 124.38 18.48% Cost of sales 380.02 256.50 123.52 48.15% Selling expenses 177.52 30.19 147.33 488.01% Administrative expenses 152.17 75.07 77.10 102.70% Finance cost 9.55 3.73

million baht in gross margin. 3. In the year of 2019, the Company sold the Grand Centerpoint Sukhumvit 55 Hotel as a selling price of 4,155 million baht and recorded the profit before tax in an amount of

business. 3. The company’s selling and administrative expense for the year2019 in the amount of Baht 263.91 million or 13.31 percent of its revenue from sales and services. The expenses in 2019 increased

common area charges for building renovations.  Selling expenses decreased by Baht 2 million as the decrease in hotel selling expenses were offset by the increase in selling expenses of property

Revenue from farm & DOC segment consisted of revenue from selling live broilers to GFN, our joint venture, and selling day-old-chicks to both international and domestic market, represented 30.03% of total