amount of Baht 24.13 million or 32.88% as follows: 9 .1 Employee benefits expense increased in amount of 9.95 million Baht. This came from increment of number of staff to support new incoming projects. 9.2

expense has decreased due to the lower net result. Net income was down significantly due to the reduced revenues and increased finance cost which will reduce in 2020 as long-term loans are repaid. Golden

11.40 million baht or 2.38%, due to the severance pay as the Labor Protection Act (No.7) B.E. 2019. • Selling expenses decreased 1.58 million baht or 4.13 % and the administrative expense decreased by

million baht or 3% from last year. This was as a result of an increase in personal expense by 4% caused by increasing employment of the Company’s subsidiaries, increases in rental cost of the Company’s

THB 9.10 million in the 1st quarter of 2016. Due to the cancelation of Edible Oil Sale department lead to the decreased in the selling and administration expense. Administration Expenses The company’s

period For the period of three months ended 30th June 2017, the Company and its subsidiaries had profit before interest and tax of Baht 75.54 million. After deducting the financial expense of Baht 1.64

addition, cost of service also increased in relevant to the opening of the projects. Moreover, financial cost decreased due to the prepayment fee from re-financing which recognized as expense total Baht 212

profit as baht, an addi While the Com 5 million bah any and subs tive Expense d expenses baht, which ous year. Th n baht which ajor selling a expenses inc s from busine of Financial alents vables t Cost ns

expense for the annual staff seminar which was postponed from late 2016 for THB 1.69 million or 0.51% of total six-month revenue and recorded loss from closing Maygori at the Common Thonglor branch

(mn) 3Q 2016 2Q 2017 3Q 2017 QoQ (%) YoY (%) Operating Revenue 172 199 262 31.8% 52.1% Cost of sales 79 87 106 21.7% 34.8% Gross profit 94 112 156 39.7% 66.7% Selling, General & Administrative Expense