, it found that the decrease rate of profits was higher than the decrease rate of revenues due to some part of the selling and administrative expenses, which was a fixed cost that continues to occur even

10% Cost 1,631 1,509 Gross profit 209 164 45 28% Gross profit margin 11.3% 9.8% Other income 6 2 4 246% Selling & Admin expenses 123 121 2 2% 6.7% 7.2% Cost and expense from delayed project 57 (57

million decreased by Baht 303.39 million, or 16.42% from the previous year, mainly from the decrease of branches from 106 branches to 97 branches. 2. The Company’ s cost of goods sold in the year 2018 were

in the same period in 2018. Revenues from sales decrease from Baht 8.39 million for the three-month period financial statement ended June 30, 2018 to Baht 1.92 million for the three-month period

million from the same period of last year, or 44.65% decrease, due to decrease in selling expenses of the condominium. 3. The company had total administrative expenses of THB135.11 million, increased by

previous year. Expenses analysis Q2 2016 Q2 2017 Increase/(Decrease) THB mm THB mm THB mm % Selling expense 26.5 161.2 134.7 508.1% Administrative expense 235.3 306.3 71.0 30.2% Finance costs 616.9 418.9

% Gross Profit 174.10 38.69% 154.40 39.05% (19.70) (11.32%) Other Revenue 9.63 2.14% 17.14 4.33% 7.51 77.99% Selling Expense (50.80) (11.29%) (54.80) (13.86%) 4.00 7.87% Administrative Expense (42.75) (9.50

405.44 40.55% 302.88 39.22% (102.56) -25.30% Other Revenue 24.06 2.41% 27.99 3.62% 3.93 16.33% Selling Expense (103.76) -10.38% (110.85) -14.35% 7.09 6.83% Administrative Expense (84.64) -8.47% (100.14

beverages 100.94 102.93 (1.99) (1.9) Other revenue from operations 72.51 70.82 1.69 2.4 Total revenues 453.57 446.69 6.88 1.5 (million) 2018 2017 increase (decrease) 2 Other income Other income for the second

Quarter 3 ended of September 30, 2019 at 103.94 million baht, compare with the same period of previous year with amount of 109.52 million baht which decrease by 5.58 million baht or 5.09% decrease, which